It results in foreclosure and shortsales if you are not willing to feed the monster!

I'm interested in the robotic vending stores that operate as a little robotic Walgreens.

Some of the people in real estate are just monster successes in everything they do in life it seems!

Real Life Monster House

They aren't making any more Earth, and until they do, it's a finite commodity.Earth, the one thing government and the Federal Reserve can't print more of.And for the futurists out there, don't worry in 20 years we're all going to be living off a Basic Universal Income and be living off of robotics and AI.See you in the VR world, my fellow freaks and geeks.

@Aaron Mazzrillo I didn't realize the Jolly Robot number was publicly available for us to use...turns out there is a whole youtube page of recordings by the Jolly Roger Telephone company....

so now they have a monster portfolio and they put not ONE dime of their own capital out.. but did they work  their @@s'a off buying and rehabbing all these units you bet.. their positive cash flow now is about 25k a month and growing I am closing a 12 home purchse for them on Friday not one dime out of pocket and all rehab funded..

Since i'm looking to get a FHA loan a 10k downpayment on a $300,000  on a triplex in my area leaves me with a monster mortgage that really cuts into my cash flow.

I did see an article last week that Amazon is opening a robotics fufillment warehouse in Bessemer that is going to bring 3,000 jobs to the area.

AVMs are a dead end unless you're going to work AI into it, embedded into a robot that actually walks out to the property as well as to the relevant comps, and calls agents/appraisers asking them why this home was that price, and so on.