However, I think Ray's point is don't hoard cash and be diversified in what you invest in (he even mentions investing in gold).

After years of looking at MLS, I thought nothing would surprise me but today something did.This is pure and unadulterated marketing gold.

But the gold rush is over in my opinion.

My town would probably be the equivalent of a gold mining or oil rush town from the 1800's. 

With that said and depending on your experience level, a good realtor can be worth their weight in gold in terms of liability protection and experience.

If you can find a reputable property management company, that has extensive market knowledge, they will be worth their weight in gold.

@L SmithersDisclaimer: Consult an attorney in your area for specifics related to the wording and local laws and customs.Risk of loss: If lightening strikes the house, the buyer has the option of taking the insurance money and proceeding with the sale.Prohibition: The seller from date of contract until closing can't make an easement with the neighbor, sell it to someone else, give up the gold and mineral rights etc.

There are a lot of properties in less desirable areas that I could get into and some in gold areas that don't offer as much ability for forced equity or roi.

Mitchell BernierBernie must have found a new gold rush because by the time he is done it will cost trillions.

A good CPA is worth their weight in gold.