My road in life has not been easy, like most I have scars to prove it, and I welcome adversity with open arms.

The realist is the one who is cautious and risk adverse.

I have yet to purchase a property that with my pro forma indicated negative cash flow, but I have purchased twice with my pro forma showing cash neutral and I would not be adverse to purchasing a property with negative cash flow. 

I am not adverse to a project, and can see the post rehab light at the end of the tunnel.

If you are risk adverse real estate, (especially out of state) is not for you.

You don't have to answer me, but you internally need that purpose to get you through the potholes of adversity on the road to success. 

@Sheila CampbellHighly recommend paying off consumer debt that is costing you every month in cash flow and potentially adversely effecting your debt-to-income ratio.Then look for ways to invest the rest.

I like real estate for the opportunity that it provides.Some of my investor buyers for my listings have multiple stock accounts they pull from to purchase real estate.Personally I like real estate because it is a tangible asset.I don't like the idea of paper to be worth 100 one day and 10 cents the next.At least with a property barring and act of God or some other strange occurrance I will have a tangible asset to sell.I know some will say but if you bought at the height of the market you would be upside down on that tangible asset.I didn't buy anything back then.I saw many people laughing and making money refinancing and to be honest I did feel like maybe I was missing out.I waited on now I am so glad that I did because many of those same people laughing with joy are crying in pain.Stocks just like real estate is something that if you just dabble in it you can lose everything.The sexy part of stocks just like real estate is to make money quick but many more lose than win.The losers aren't talked about much but the few winners are pumped up to sell marketing and courses to extract money from the herds.For my honeymoon years ago we went to Tennessee.While there my wife had an adverse reaction I think to the make up used at the wedding (she has sensitive skin).So we went to a local doc.This guy was really nice but old in his late 80's.We started chatting up and he said it was just a reaction to something and gave her a shot.I talked about real estate.That's when he said him and his wife had put all of their retirement in Enron stock and had it for awhile then BOOM the bottom fell out and they lost everything.He had to come out of retirement and open a practice again in his late 80's to make ends meet.That scared the hell out of me and made me stay away from stocks.I might eventually buy a small amount for a long term hold but I am not into risk with stock market.I have seen too many people see big dollar signs with their eyes and lose their shirts.

If they were denied based on credit or background, we send an adverse action notice.

You didn't send them an adverse action notice?