How anyone would buy with out looking  or at least having their own inspections their own apprasials first and fall for that line of sale tactics  its really on the buyer.. and you have to hand it to Morris he came on the scene with star power ( like TV guru who sell education) so he had a huge leg up.. and then you have many of these folks are first time investors who got caught up in his hype and jumped on.. there are also many like the post above who called BS and came to that conclusion on their own..

I went to check it out, looked back, and he was gone.Being assertive is OK. 

I started out looking at turnkey and a 1% R/V, realized that was not much of a thing at the late stage I was entering REI, decided to purchase properties with an agent and do any necessary repairs or rehab with the help of a property management company, seeking deals where a little value add would go a long way.How did you find this deal and how did you negotiate it?

I started out looking at turnkey and a 1% R/V, realized that was not much of a thing at the late stage I was entering REI, decided to purchase properties with an agent and do any necessary repairs or rehab with the help of a property management company, seeking deals where a little value add would go a long way.

Also as Jason points out, look into an umbrella insurance policy.

I feel like the appreciation outlook will be pretty good if looking at long term, but I'm concerned about the price of entry and how these markets might rent over the next few years. 

The economic outlook for the LV looks relatively good, despite the global economic worries.

Just doesn't fit with my plans right now, nor my outlook on the market, nor my ability to execute a 1031 exchange.Hope that addresses the broader context of your question.

Would love to know what neighborhoods we should check out? Looking

Every market has risk...I would ask some fundamental questions on long-term outlook of wherever you end up....Best of luck