Well... he BOUGHT $1B in assets... that are now worth closer to $600M, destroying the life savings of many of his investors in the process.

The structure could be damaged or even destroyed during that time.

It doesn't make sense for an investor acquiring their first few properties to destroy their cashflow with an expensive policy like that which is designed to protect significant wealth.

A good PM can keep a mediocre investment afloat; a bad PM can destroy the best investment.Think about people investing in 1940, 1960, or 1990.

It will take time, but I am going to implement in already high performing homes, to honestly destroy competition.

If he was raising institutional money he would get destroyed by advisors if he took that approach. 

Industrial midwest cities help built this country and this economy and many got left behind after the manufacturing left and I've seen it first hand how it destroyed communities but they're resilient cities with very strong and resilient people and are excellent for Section 8 rentals.

My grandfather has 5 trailers on his property that have been destroyed and have been on the property for many years when he bought the land.

In the meeting we heard from the many tenants who are victims of predatory landlords and from housing providers who attempted to explain how rent control destroys the business model for a housing provider.

It just destroyed it 1v1 against inflation.