Attended a few meetings and all they talked about was the head cheese catching an arrow blindfolded on a TV show.

For example, as a newbie I'd probably have files named "due diligence" "flipping" "buy and hold" "multi", "oh shi* avoidance" "systems" "inspiration" "read daily" (the cream of the inspiration posts).

I agree with Dale Osborn that new homes are definitely not the way to go as there is no outside banks financing them for anyone other than the cream of the crop.

Well, being me, I walked in and spoke to the head cheese, explained my experience and transactions done, he said "Bill, you can do anything you want to do"!

The Swiss Cheese model is a model used for determining how accidents are caused.

I guess it's a matter of who moved the cheese.

(Note, while the green area appears homogeneous, it actually looks more like Swiss cheese.)Hengky, I hope the above helped.

This is one of the main reasons why I love to fill my apartments in Spring/Summer because come winter you are not getting the "cream of the crop" in your tenant applicant pool.. most tenants do not like to move in the dead of winter or after school has started for their children...

One school of thought is, as the article states, the hedge funds, private equity firms, etc. buy these notes in bulk, skim the cream off the top, and sell them to the firms "downstream".

Again, life happens so this is cream and I wouldn't include this in your decision making.It's tough to buy right these days but it can still be done in the right markets, I'm sure.