Maybe a couple folks I invest with have had a BK or Foreclosure back in the 2008 crash.

With you having taken the program, do you think the courses were built based on someone who already have knowledge in real estate or someone like me whose only knowledge in CRE are based on Forums, Youtube, free crash courses on financial modeling, and internet searches. 

As previously was said, it depends on many factors.DFW has a lot of new investors that are getting crashed by wholesalers to enter in the business, so they are just making a little 10% or less in a deal.

Dave Ramsey had $12 million in real estate as a young 20-year-old in the 80s and it all came crashing down when something beyond his control changed in the market.

I compare leverage, insurability, taking write offs, cash flow, monthly  expenses, transportability, speed of decline in a crash, ease of unloading in a crash, forced equity improvement, things like that.

Let's take the last major crash as an example.

The biggest concerns are external factors from the president, the president did not have play in the S&L crisis back in the early 90s, and same for the 08 crash; the president did not effect that or have the ability to play a role in it to see the large down cycle. 

I was in touch with a lot of agents I even have a folder with all the pics and contacts but I have not done much with it, I have been very busy trying to fix a rental property and also been quite involved with this crashing market since January ( my stocks took such a hit , I have lost all motivation).

You’ll find threads of how Covid was finally the 20-30% crash precipitator. 

What happens if the guest crashes the golf cart?