Ross, waiting might be a thought if you knew when the next crisis hits.

You should be aware, though, that Hillsborough was hot in 2005-6 before the financial crisis. 

Since the eviction notices were posted some eight months ago, they have refused to pay rent.https://www.washingtonpost.com/national/los-angeles-tenants-increasingly-engaging-in-rent-strikes-amid-housing-crisis/2018/06/02/6b91c340-65af-11e8-a768-ed043e33f1dc_story.html

This is an open-ended post. I hope to hear from both sides, those on this site who are for and against the model of wholesaling that most promote. I hope to hear some thought-processes I haven't heard yet. I hope you ...

(I'm a former low/mid-level diplomat, big bank suit and chicken plant middle manager from Georgia who has picked up an aversion to W-2's.

My discussion comment was referring to new development projects...I was asked the diversity question in an interview regarding, how to address the “housing crisis” in Los Angeles. 

I’d rather buy a house for 50 grand and make 800-1000 a month in rent equating to 300$ Positive cash flow per month in my pocket and have the tenant pay it off free and clear for me regardless of the economy ...then to spend 300-400 grand on the same size house in a hot market , have negative cash flow each and cross my fingers it’s still worth 400 grand or able to be renting when the economy is in a crisis.

Google "suicide cleanup service" because property owners and managers have to deal with this harsh reality of human nature sometimes.Back in the 1970s, I was a volunteer at a crisis intervention hotline (non-professional with a few hours of training by the real professionals).

@Travis Watts I purchased real estate during the Credit Crisis.

Student loan debt is a crisis in the US right now so I expect to see many more applicants in the same situation in the near future.