So for that recent one, Quest expedited the opening of a new account, and expedited a roll over to the new account, though i might not be calling the movement correctly.

Lodging and Airbnb makes sense now :P haha So, generally speaking Carlos we have in major part been seeing eye-2-eye in a lot of this and also, the market movements have been a lot faster then what we both forecasted. 

Virtually every market related to the movement of housing has had significant layoffs in the past two years. - MFH adjustable notes, which comprises a good proportion of all MFH lending, is getting ready to reset.

I'm surrounded with grossly overpriced properties sitting on the market of months but absolutely no price movement!!

(population movement, rents, property values, etc.)- What asset classes have found to be most profitable?

I usually look carefully at the most expensive things:1) Foundation/Slab - small cracking and movement are no big deal, but a large crack, settling, displacement can cost a fortune to fix.2) Plumbing - esp cast iron sewer and galvanized ( or old copper) supply lines.3) Electrical - Knob/Tube, old original romex, no grounds, small main panel.4) Structure - Check the attic (and crawlspace if there is one).

So, if you were going to be responsible for making all the decisions for the movement of millions and millions of dollars over time, how would you like to learn?

Many people don't have the vision, inclination, or self-direction to move beyond the salary way of life, but over-consumption is a vice, which IMO is deliberately perpetuated to the detriment of those who are caught in it, and the benefit of those who profit from it.

Bob, he was using rough ratios for back of the envelope calculations which were approximately as accurate as they needed to be to make a valid point.And in all fairness aren't you the same guy who chooses to speculate in Hawaii with negative cash flow based on some ridiculous expected 10-15% perpetual appreciation?

@Kyle Scholnick  my model was a modified Turn key... but to answer your question. 9 to 12% is a good number.. and if you buy better asset class 6 to 8% but at 6 to 8 your banking on some pretty good upward movement over time.mortgage pay down is important..