And  I agree with that philosophy. 

She will have to make the decision that is right for her and her philosophy on her rentals and life in general. 

I think you can for the most part follow DR philosophy while "taking calculated risks" being an REI.

It's super interesting to learn how different your investment philosophies and client criteria can be as reputable operators that serve out-of-state investors. 

I will say, from a management perspective, a lot of the questions we get asked are around experience (whether we have properties ourselves, how long we've been doing this, how many properties we have under management, etc.) and our policies/philosophies (how do we find tenants, handle late rents, handle maintenance, what is included in fees, what do we charge extra for, etc.)

I really like your philosophy @Dawn Vacek , makes total sense. 

My philosophy is to buy rental property for rental purposes and buy fixers to flip.

Without that property values may rise faster than they have been.I think the real issue the last 2-3 years is that tax assessed value was kept artificially low during the recession, and did not reflect market value. 2-3 years ago, after appreciation had already started to take off, there was a shift in philosophy to raise the tax assessments to market.

There are some title companies and attorneys that are willing to take on deals that are "outside the box," but they are few and far between.That being said, my philosophy is that a sub2 deal is a moral commitment to make the seller's payments, no matter what.

IF you invest in the right deal.I try to follow Warren Buffet's philosophy "Be fearful with others are greedy, and greedy when others are fearful"...Now is clearly a time when others are fearful...I am an active buyer here in Chicago just being more mindful of the deals we choose to invest in.