That company went belly-up during the last crash long before this guru even thought about real estate investment let alone finance.

The exception was a lawyer that wanted to discuss How I handled redemption rights in Oregon as with the crash our foreclosure sales went from 95% trustee sales with no redemption rights and flipped to 95% sheriff sales with redemption rights and it was uncharted territory for many and not that i was a expert but i had taken a few through..

This move had many anticipating a crash in the CRE market, with dire predictions of banks collapsing under the weight of defaulted loans.

It's mostly a crash pad as these workers and doing 12 hour shifts

And we've done it with the stock market almost fully recovered back near ATH's, the housing market staying strong despite huge changes to interest rates, etc.Maybe it's all a mirage and one last hurrah to hold on before the big crash everyone has been anticipating finally does come, and I've been a bit of a doom and gloomer myself, but I think if you'd asked a year ago if it were possible to get back to 3% inflation in a year with the stock market within 5% of all-time highs and housing prices still within 5% of the peak every single person would have said it was impossible. 

I will see your head-scratching and raise you a dire warning of a deep multifamily crash continuing - to the tune of another 20-30% in asset values, perhaps on average, in the US. https://www.biggerpockets.com/blog/multifamily-crash-to-cont...

After the 2008 crash we did a lot of short sales and we got virtually all those deals through direct marketing with a few from bandit signs.When we moved out to KC, almost everything we bought were REOs listed on the MLS.When those dried up, we started getting a mix from wholesalers, a few hidden gems on the MLS and direct marketing.

My favorite example, is how out of state people “remember” how Vegas rents crashed and vacancy was “100%” and everyone lost their properties during the late 2000’s financial crisis.

Wall Street has proven their model of stability in the residential RE market post-crash, and if there is another black swan event like 2008/09 there will be a ridiculous amount of competition from large institutions. 

Very high interest rates, Easy times to find deals with conventional loans and hard times and recently the housing bubble / crash.