If you have the means to buy/hold in the markets that have historically appreciated you can do very well.. but tragedy and circumstances come around where you may have to sell and in those times it can be a brutal hit to the downside.  

I remember when one started in Ukiah and burnt over to Lakeport and took out 90% of cow mountain area.. but the majority of that was just low brush chaparral.. now its in the old growth forests and that is a tragedy.

And no, this is not like every other tragedy (which does not mean I am down playing the others) what other modern disease  has killed this many people in 4 months??

Thanks What a tragedy!

Things change and tragedy is always used to push someone's agenda.

I am trying to learn all the different tragedy in real estate investing.

But I'll dig into it this because if I am right what is happening to the nation is a great tragedy/self sabotage, even if I do overstate the case.  

I was also making progress with Crescom on great rates, but they had a sudden tragedy befall them (robbery/murders) that delayed things to the point where I had to break glass and look elsewhere. 

Now since assignments are more and more being phased out and will probably disappear completely nationwide which i think would be a tragedy especially for newbies  i'm looking into transactional wholesaling deals and virtual wholesaling.

@Ralph NagleYou seem like a real tragedy of an existence.If anything, agents help keep prices stable and incentivize longer-term ownership in homes instead of speculative transaction.