I don't prospect them myself, but have talked to a few lately just in passing and they just ignored the massive influx of inquiries they were getting from agents.

They celebrate paying off their outsized mortgage because for them it's a great life-changing accomplishment.They mourn when they have to leave the house that they spent so much of their lives in, like their cheap ticky-tacky tract-built place is an ancestral estate handed down from time immemorial and their lives are bound up with the soil it rests on.They fill their houses with just ungodly amounts of their crap, trying to own it more fully.They hire people to do the simplest jobs in their house because they're worried to death about structurally compromising the joint: "Oh no, if I replace this faucet and the faucet leaks there will be massive damage and a contractor will have to give me a quote and I'll have to file a claim with my insurance, and, and, and..."

The gang sells the (now prime) property it's been holding for a massive profit.

Blackstone has a massive real estate arm, however they typically invest in large commercial real estate, not small time flips.

you can lead a horse to the water trough but you can't make them drink.in my mind if this person can easily afford it.. then its his choice.if this person is like so many that get talked into putting it on their credit cards and going into massive debt to be talked into taking massive action.. then I think stronger words of caution are fair game.I have been and still do fund man students of the various guru's.. have been to virtually all the bus tours and stuff.. there is a fair amount of folks that get a lot out of it and go on to start their investing career.. but But  just like anything only a certain amount of folks will make it at this game simple as that.

No additions, no massive gain in value, no claims.  

Gut renovation with a third floor master suite that includes a massive bedroom, master bath, and a walk-in closet.

It was a lot to consider at the time with my limited income .She knew it would be very grueling managing a full time demanding job ,a family ,and maintaining her grades in a very challenging major .we also knew if she couldn’t cut it or pass the dissertation we would still be on the hook for the school loans and not only would she flunk out but we’d go bankrupt paying that massive loan without the new higher income to back it up .

Growth in business requires massive cash and so does buying real estate, you will likely hurt one or both if you do not have an extremely high amount of cash when starting.

And at the top of the market is when investors are often most tempted to do all the wrong things to increase returns to equity, such as too much leverage, short-term leverage, and massive and expensive rehab plans.