Like when you tie up a house in a contract intending to wholesale it, and fail to find a buyer.Residential real estate at a small to medium scale ain't rocket science.  

For the last 5 apartment building purchases, my partner and I have formed our LLCs on-line through Rocket Lawyer.  

I just had an image of Wile E Coyote sitting on a rocket with wheels that had "Acme Deed of Trust" written on it, activate the rocket, and accelerate directly into a stone wall while the Road Runner looked on. 

Welcome to Bigger Pockets all You New Investing Rocket Ships.

I invest there and if you get in now, i think you can get something as prices have been sky rocketing there too.

I got an insanely good deal on it and over the last year, a high end housing development nearby has caused the property value to sky rocket. 

right now tough for rental purposes and if your head to head with national builders no way.we can go toe to toe with them in Oregon simply becasue the name of hte game is he dirt and we are pretty good at beating them to the dirt.. but as other stated lumber has sky rocketed and you need to sell retail.I dont know how they can build new homes and sell them sub 150k..

They currently will do 4.35% when rocket is at 4.75 and my local guy is at 5.125% for a $40,000 cash out refinance in Oregon.

https://tradingeconomics.com/united-states/housing...you know everything being equal I get that.. but this time around its not equal.. there is a big gaping hole in construction financing for new builds.. that is keeping starts down for sure.. and then land to build on.. lead times in many jurisdictions are measured in years. but I believe the prices are stabilizing.. and one thing for new construction that slows it as well is the material costs sky rocketed and there fore unless prices rise margins are too thin to build.. something has to give.. if demand for lumber calms down maybe we will see lumber come back to historic norms.. 

Their job is to make things hard enough that rocket science looks simple.