REI has historically been very competitive.Cash is not king in real estate investing...deal flow is (lots of it).If you don't start now, you will have no experience or relationships if a correction occurs.If a correction occurs, lending/capital sources can dry up.Investors over-estimate their ability to pull the trigger when prices are crashing and there is no end in sight.If you can generate even a small positive IRR from real estate during an economic recession, idle cash is the risky choice (and is very costly over long periods).All properties and markets will not loose significant value in the next down cycle (real estate is local and good locations will always perform well).Investors can add as much or more value to a property than the potential loss of value in a downturn.If we have capital that we have to put to work, prudent real estate can be the flight to safety.I don't like investing into a hot market but sitting on the sidelines for years is not a viable strategy...just have to be really careful.If you are a market appreciation only investor, ignore this post...that can require some market timing.Interested in everyone thoughts.

But it's also a quick way to loose money if things go wrong or go over budget.  

No rich real estate agents are afraid they will loose money is why they don't like wholesaling, they could care less about the people it's a money thing all about money!!!!

(was an ambitious college sophomore studying finance in '09 when all hell broke loose) and am wary of trapped capital, I recognize the merits of having exposure to a less volatile asset class.

In that case, I don't think you would be legally bound to purchase the property. 

With inflation taking over, I don't see how they loose value in future.

Considering possible interior and exterior damage from the large dog of the remaining tenants, and other damage that may not become evident until prepping house for next tenant, how can we handle the refund of security deposit to MIL couple, since, per the text of the lease: “All Lessees are jointly, severally and individually bound by, and liable under, the terms and conditions of this Lease.”?

I'm looking for successful, like minded agents who are interested in: Levering solar to selling more homesLearning home to not loose a sale that has solar involved andCreating an additional revenue stream without taking your focus off selling homes. 

I'm looking for successful, like minded agents who are interested in: Levering solar to selling more homesLearning home to not loose a sale that has solar involved and Creating an additional revenue stream without taking your focus off selling homes.

Did a basic lease I found online(I know not the smartest way to go, but I was in a panic trying not to loose my daddy’s house) I’ve just read the Turners book, The Book on Managing Rental Properties.