Embrace it all and keep moving forward.

The underlying mortgages these days are much healthier than 10 years ago.You live in Los Angeles and certainly your gut feeling is that things are getting heated.   

1.Embrace a Planning Attitude2.Research Your Market Plan3.Establish Sales Goals4.Create a Financial Budget5.Make Managing Yourself a Priority6.Find a Mentor or a Real Estate Coach What U Think about It..?

That is where you will find the deals.Don't blame the newbies; embrace them!

Embrace the cycle.

@Joshua King,I embrace education.

I'm recruiting him to mentor with me and eventually go in with me on a deal or two.It is just going to suck for a while but I am going to have to 'embrace the suck' as they say in the service. 

It's a proven strategy and it's embraced by ALL of the big players, including Trump (Sorry to say :-( ).... and if your business entity structure didn't LOWER your taxes, something was missed majorly somewhere.

My personal observation is, unless you have a friend or family member who has read and embraced the Rich Dad, Poor Dad cash flow concept, friend and family are the last ones to get it.  

You should embrace it.The risk to the seller is not much and you don't want to spend the time.THe bottom line to the buyer/investor is they are trying to get the lowest price possible.