I believe he was just very green and very inept his model of 50k rentals would never work then and will not work in the future.. at least for OOS investors who have to hirer everything out. those props are only appropriate for local hands on landlords that have the thick skin to deal with those areas. 

Develop thick skin and patience.

@Jeff ByrneJust be a "rhino", have thick skin and charge ahead!

They can, in this case, likely wait out any market timing issues, so long as they can cash flow the mortgage payments through thick and thin.2) Syndicators, real estate private equity, and hedge funds - These folks scoop up properties, using other people's capital, and generate wealth on carried interest.

This is not a discussion of thick skin.

You gotta eat.I like to grill sometimes, and Ralphs grocery has had rib eye steaks on sale for $5/Pound.Nice 1" thick steaks.

The lake doesn't freeze over thick enough in our area to allow ice fishing.Does the lake in your area freeze over thick enough to allow ice fishing?

It also depends on soil, slope, work condition, stamping or not, sealed or not, thickness, etc. $5/sf is the most basic and flat work up to a slope of 5%.

The problem was that the area in question was so thick with vegetation it was impossible to determine the property lines even in the winter (except he knew were they were and not me right?).

You are developing thick skin.2.