If you are on the other side of my equation, such as an area like New York City, I feel as though your experiences will be a mirrored contrast as the flow from one goes to another.

I guess he is using some smoke and mirrors to keep his name out there.

When this stuff first came up on BP one Member Tyler was posting monthly on his investment and he laid it out fully rehabbed house that the rehab budget was 9k.. right then I knew it was just smoke and mirrors.. 

He did a very informative and compelling interview with porter stansberry(find on youtube as a podcast) in which he mirrors your position, with the massive debt load now in place being more of a deflationary concern as it curbs economic output until it is deleveraged.

Plus, this is like a mirror and will reflect heat back upwards, cooling the earth. 

Sure if you can look in the mirror and say that you only lived there to be on site while working on it. 

I will print a poster of your face and hang it on my mirror and write, this is where I will be in 1 years time!

I'm no Grant Cardone but I fit in your metric and my "habits" mirror that of Jack: I lived below my means, improved my earning potential at a W2 (increased my education, for example), avoided purchasing money-draining objects like expensive cars, saved my money, bought income-producing assets, rinse and repeat.

Zero down is coming back and that is worrisome, but buyers still need to show good income and good credit; when we get zero down with little or stated income, if you can fog a mirror you can get a mortgage type of lending, then the top will soon be in ... it is really hard to put a timetable on when that may happen but that is the sort of thing to look out for IMO ... sure, prices have gone up, but it has been from what I consider fairly well qualified buyers, at least in the markets I'm operating in.

Throw in the fact that anyone that can fog a mirror can claim to be a cash buyer, we must expect additional regulations.