In the top it does give the average statistic of the 4 sold properties as being (94 % of list price) however, it does not specify for each property, and maybe it is not important to. 

Statistically, most occurrences tend toward the mean.  

My theory is that even if I lose (I lost a few thousand over the last year or so), I'm fine with that because I believe I'm taking the statistically correct approach over the long term.

If you want anyone to give it any weight- you might try to back up your claims with any facts or statistics or at least some random experience to justify your blank statement that all bankruptcy filers are "irresponsible people".  

Statistically, banks/lenders lost a ton in the aftermath of the GR in write-offs.

Hey Mike, I was wondering if you could send me some of the under laying economic fundamental statistics you are using to gauge future growth?

Appreciated the refresher on statistics.  

If it happens to someone else, it's a statistic.

I have been listening to a couple of selected BP podcasts and the recurring theme is that most investors lose money on their first few deals, I don't wish to be part of that statistic and while not every contingency can be planned for, I'd rather set myself to err on the side of caution.

I am currently researching prospective MFHs for my first rental property with the intent to buy soon (my houses closes the 22nd, which is going to be used to help with the 25% down).I have a question for the more experienced investors on this site, so basically, everyone.I tend to find a prospective property, research the areas and statistics, and if it seems potentially profitable I run more detailed analytics (including the calculator on here).The problem is this:The best properties with the best cash flow, profit margin, ROIs, etc...all seem to be properties that have been sitting 200+ days on the market, sometimes much more.My first train of thought is if it was really this good, someone would have bought it up months ago, right?