One takeaway from him could be to not over leverage oneself in real estate investing by using highly risky investment tools like he did, e.g. 90-day mortgages, and not expect to pay the piper when the sh!

With DSCR above 0.9 there are some hope.ps: i heard one self storage guy is having 0.2 dscr 

Much easier to delude one self into purchasing a "mentorship" program for $30,000 or more ("put it on your credit card; you'll make it back on your first deal so it really won't cost you anything") and believing that after a "3 day boot camp" you'll be able to compete successfully with people who have the education, knowledge, experience and track record and have been doing it for years.  

It is always important to see the ugly side of this type of investing to best prepare oneself.  

There are lots of ways to be involved in real estate and it's impossible to know all aspects oneself.   

Your reminder about the importance of familiarizing oneself with these rules is greatly appreciated.Your experience and knowledge are invaluable, and I'm grateful for your willingness to offer assistance.

Rubbish.Real estate did crater in 2008, alleged rent control randomness has nothing to do with not being able to extricate oneself from the situation once it starts (or pandemics declared so free rent, etc.), and try searching the internet for "activist investors" before you say that the only choice is to not invest.

It is a reminder that, no matter how daunting the obstacles may seem, with unwavering determination and a belief in oneself, anything is possible.

And for the most part, outside of this forum, it's probably best to keep  the portfolio size talk to oneself.

You do have to be careful on not exerting oneself with heart attacks.