Anything I have come across is simply priced so high because the perception is that prices are going to continue to rise and demand is very high.

As Dion and Dave mentioned, I believe, dealing in notes is more involved than RE, you really need the RE knowledge as a starting point and then move into finance (you could do it the other way too) but it takes perceptive skills to do either institutional or individual transactions.

Wow, I'd think it would be tuff at 18 trying to sell life insurance to an older person, having to overcome the perception that such a young sales person would have the expertise to advise in finances.

That's the perception.

I do seem to get the perception that the rehab market in Orange County is somewhat dry, and that profitable and successful deals would be difficult to make in the current environment as a first time flipper/investor.

., if something goes south... especially with an unseasoned (my perception) company.But I probably overthink things.

My perception (and this can vary by neighborhood) is that in our area prices and rent start to diverge around the $130K-$150K mark.

Days on market (DOM) does affect the perception.

Which term would have the best public perception?

I had some old kook on a bike ride past me making a siren noise.