I am not saying the sky is falling, I am just saying I think flood risk is not currently rationally priced by the market.

If you're not going to listen to rational arguments advocating for judicious use of sub2 deals, then why ask the BP community to try to change your mind? 

They are now the fastest growing RE sales company in the world and continue to expand globally.As to your stock assessments, I can provide you a list of hundreds of publicly traded companies with no PE ratio (they lose money every quarter) and several others with PE rations well above that of eXp (now at 282 PE ratio with a stock price that is about to break the $100 per share mark today).

They are focused, rational and straight forward.

Would a bank loan 20% in first position if the seller takes back 80% and the debt coverage ration of both loans is 150%.

i.e. more marketing instead of learning to negotiate better, or taking more time to find a less rational buyer who will pay more, or better financing terms to save a bit of expense, etc etc etc...

^Nothing that a rational person would have any reason to get upset about.

You want us rational and intelligent investors to stop discussing a certain method of investing because you don't like it?

I didn't get the impression that the OP was fear mongering.Just my opinion but I personally think a thread like this with rational, well reasoned discussion can help educate people (especially newbies) that the market doesn't go up forever and buying and selling cycles are natural. 

Love the rational to sticking with your gut.