Homeowners don't buy 30k houses that's the hood who wants to buy in the HOOD to live there... not many it strictly a D class rental game for those with the intestinal fortitude to make those properties work or those that sell them to unsuspecting out of state or country investors who end up losing all their money.

I think sitting on the sidelines also assumes that you have the skills, the wisdom, the financial backing, and the intestinal fortitude to watch a market fall apart and pick that time to invest. 

Here's my problem with that advice....it depends on your fortitude to pay over the minimum consistently for several years. 

If you show fortitude and willingness to work, people will be willing to help you.

Gino,Great story, a true testimant to the Italian fortitude and work ethic.

Nothing wrong with that since investing is about mental fortitude as much as anything else.

I know that with the right education, guidance, and fortitude, I can get out of investing in Real Estate as much as I put in. 

What doesn't grow there is fortitude.

First thing you have to realize and I had to come to terms with this myself: Not everybody has the willingness, fortitude, or even interest to learn REI, this is just the reality.

Sorry for the long text , and good luck to everyone that has the fortitude the withstand the storm.