Elon Musk as said numerous, numerous times he actually expected Tesla and Space X to fail.

Cash reserves have saved me on numerous occasions. 100% of properties break down eventually.

Correct this is a very niche industry that is high risk high reward. 

Austin (where I live) has not been attractive for some time now, as the inventory is still overpriced and sellers are slow to adjust pricing - which I understand.Houston on the other hand has numerous areas that are still a value from an investment perspective.

I think anyone that is real estate would agree with me that nothing is passive in real estate - it's just a lot of work does not matter what niche you are in but the reward is there.

Here are 11 ways to invest in real estate with no money:Hard Money LendersPrivate Money LendersWholesalingEquity PartnershipsHome EquityOption To BuySeller FinancingHouse HackingGovernment LoansMicroloansREITsIt’s important to note that while investing in real estate with no money down offers numerous benefits, not all cashless deals are worthwhile.

As such if you can get in early, and gentrification happens, you’ll be rewarded for the risk you took.

@Russell Brazil I had to explain this to numerous people this past weekend.

It's rewarding and encouraging to see an experiment like this pass it's first test. 

Mountains, lakes, woodlands and the Tennessee River accommodate numerous recreational activities.