I have no problems paying more if the experience leaves me melting inside.

I know after going through the melt down of the syndicator I was working with ( and again this was mid to late 80s) and they had about 150 LPs they were GP for.. it was a mess.. holy man.. many of the  LPs formed committees and kicked them out as GP and well that just made the attorneys rich..  

They produce the same anaerobic response as lifting weights, thus enabling burning calories throughout the day.To conclude, I believe in diet and exercise to support you physically and mentally which in turn will help your work performance.  

I take extra enjoyment writing real estate contracts on a beach somewhere in the Mediterranean  or the reverse I was on a cruise off o Italy in fall of 08 watching the BBC feed on the economic melt down our country suffered.. 

Risk can be managed in two other ways than just holding houses which will all melt when markets retreat - there is Zero protection there from market correction.Two better approaches to Asset Preservation are: 1) insurance *Hedging strategies - which should cost about 4%, and there is no need to hedge 100% - only in accordance with the amount of protection you want. 2) building capital in to a much greater sum - which can only be achieved by putting your money to work and not sending it on a permanent holiday - as Buy and BeHolders do.

For an OOS investor they are going to be more headaches than you can imagine right now, and the numbers that look so good on paper will melt away in a sea of troubles IMHO.  

AS for wholesale melt down not sure about that.... too many properties were bought last go around for cash by foriegners and hedge funds and other investors.. agree the BRRR folks in a melt down will probably have issues.. as well as all those who jumped on the multi band wagon and signed up for loans that are due to reset in 5 to 7 years those years are coming up.. if that hiccups then yes you will have defaults...

I hauled wood for the stove, hauled snow to melt fir water, dug outhouses every few years, changed the propane tanks as needed so we could have lights.

@Anish Tolia I appreciate your honesty Amish, no worries I’m not going to melt with a bit of rain.

This had a lot to do with how it started melting down, but there were a lot of victims after the fact where people had equity, but lost it when the prices tanked.