Maybe that thesis is wealth flows to the biggest and best cities like NYC therefore real estate will outperform else where in the country.

The biggest concerns are external factors from the president, the president did not have play in the S&L crisis back in the early 90s, and same for the 08 crash; the president did not effect that or have the ability to play a role in it to see the large down cycle. 

The biggest mistake people make when attempting to invest overseas is trying to apply US strategies overseas.

I think that is the biggest issue but perhaps next year when my income is better I might be able to use both my income and the boarder income.

Keep in mind that about 40% of the population rents.I agree with you that buying a run-down property requires experience, the biggest concern is that you don't get enough discount for the condition.

Ali,When planning to buy in NJ the biggest thing I would tell you is to plan/research for the closing costs.

It's the land/location increasing in value - not the home itself, in my personal experience and opinion I think location is the biggest factor in mobile home and manufactured home pricing.

That’s the biggest risk 

My biggest blocker to doing more deals in financing, which is why I'm taking a look at this option. 

I I learned how to fly years ago in about 10 hours I soloed.. but I was not licensed I had a student license after passing physical but you still needed to take the big test and a flight test to be legal and get your wings.Real estate for most folks is their most important or biggest financial asset they have or will have and now you have all these unlicensed yahoos running around with little to no education many with very suspect morals etc .. trying to bring buyer and seller together for compensation..