Sorry for the ultra delayed response.

Fontainebleau Unveils Ultra-High-End Retail: Fontainebleau's new shopping area covers 90,000 square feet on two levels, catering to the luxury crowd.

We're conservative though, and not doing low money down ultra-max leverage deals.  

Rules, regulations, ultra tenant friendly.....?

@Marquell Jones , a strategy I see used in my ultra red hot market is to make backup offers.

Not ultra rich by any means but come and go as I please and purchase what I want.

Investing in real estate (at the beginning if you’re not ultra wealthy) is not a hands of investment.Maybe I could agree to a turnkey in your location, as you could get a clean property with vetted tenants and a good property manager and then from there watch over your asset and make strategic changes/moves.

It can get tricky to find deals in these ultra competitive markets,  Keep patient :) 

Let's say I came to you and said, "Hey Alex, I have an opportunity for you: I'd like you to invest your money into a business that's losing money every year, with a single asset (thus ultra low diversification), and where I'm banking on appreciation over an unknown time scale because 'values always go up'?".

Looks like they went with the ultra cost effective route on upgrades but they're still upgrades.