I would also guess that at some point you will see a California style property/rental market crash.

NOw if your in small counties this can be different but if your in a major metro area and a county in said metro area.. its a ton of work.I bought a few sales in the ft meyer area back in the crash 09... ( wish I had moved there and set up shop) but I used a service.. which basically means we split profit with the guys that did all the leg work. 

Granted his target audience for this advice is largely those who have trouble managing their finances, but a lot of investors with strong financial management skills might be better off performing their own analysis to arrive at a decision to finance or not.

I arrived at this numbers from the history of the property (about 1000$ average yearly maintainance for past few years) and secondly form some research. 

I'm waiting for John Jackson's lease option info to arrive in the mail, no reason to reinvent that wheel.

A DOB/HPD inspector will happily arrive within a day and write the building a violation.

The speaker arrived at the property expecting a good deal.

I became really interested in real estate investing after the housing market crashed in 2008.

The question is, In our current market, most of the analyst and market research companies I've come across are forecasting a "dip" or "crash", in the housing market sometime next year in the springtime.

As long as you don't try to time the market or care about when the market "crashes" you will just set it and forget it.