Real- Estate  is a lot tougher game now because of technology now allowing buyers, sellers to access the market using the internet without using agents but  you do have hot areas that can support  more bodies .

Let's say you accidentally use bleach on your nice white sheets and all the body oils get bonded to the fabric and are yellowing.

Listing photos were terrible, tenant vetting was lackadaisical, checks were sent to wrong addresses, tennants weren't properly vetted, charges for "mulch" and landscaping were charged but never physically carried out.

I wrote this posts about 20 times about a girl who ran away from her home in Japan because her parents were physically abusive.

The 3rd thing that has reshaped my entire opinion of the tax advantages of real estate, is seeing my 88 grandfather holding five quite valuable illiquid properties, long story short it’s a mess, it’s causing family drama, he is in zero shape physically or mentally to manage them, the all have cap-ex needs, again these were amazing buy’s literally multiple properties he bought for under 50k that are now worth over a million but there is probably a time and a place for owning real estate, so I don’t really have a need to own more than maybe a few properties into retirement.

This is not about becoming a college or pro player.Work on (fun) physical and mental toughness with me at the house (wrestle, tackle football, physical basketball). 

They cannot arbitrarily make wild gambles because they feel like it - they have to operate within established risk parameters that are approved by several regulatory bodies and internal controls.

Yes, Aceland Mortgage is physically in Puerto Rico and we do Fannie / Freddie loans here as well as Florida, Texas, New Jersey, PA and CT. 

Other reasons could be related to title or physical defects (i.e. foundation issues).

. - Then the next filter is physical property attributes with regard to its placement in the market, entrances, and exits, visibility etc