It’s not for novices.

All of the marketing for this IPO is intended to make black investors, who are sadly novice at investing, believe this is a vehicle "for us, by us".

Best Things to Do
1. Obtain education on the principles of real estate
2. Obtain education on real estate law
3. Apprentice with an established real estate operator - even better if it’s the aspect of real estate
...

No one I know uses a range anymore unless they're just a novice - intermediate level shooter....But maybe you're right, it might be a better fit for European non gun types....

I've seen newbie and novice flippers buy fixers in the MLS at fmv all the time. perhaps I should take out a HML, sell it "as is" in the MLS for fmv.

At an 8% cap rate a novice seller would think his property is only valued at $250,000! 

As an "novice" investor myself being on the other side of the table and trying to navigate the best way to go can be challenging and confusing.

That is why I take this subject seriously.Find some target markets, then look to each community to find out why the growth is going on.This is like saying "find a strong stock, and then figure out why it's going up" Wouldn't it be a good idea to learn what factors go into the pricing of that stock before I throw my rationale at it (which BTW is why many people fail at stock investing)Now I know RE is less volatile and easier to predict than stocks, but I still want to approach it as I would any other investment and that is to learn as much as I can before I make any novice decisions with my money.I was holding out for a better reference, but I guess I'll check out a market analysis book that's at my library (copyright 1988!)

We have a vibrant mix of seasoned investors and novices alike, and there's a lot you can learn here.

@Bud Gaffney Are you getting some serious novice vibes here or just me?