Plenty of games for rainy days, a great kitchen, beautiful view of the lake we are on is how we succeed.

My name is Delmar, I have a lovely wife and 2 beautiful children under 3 years old.

The post below has a link to it if you’re curious:https://www.biggerpockets.com/topics/693527It was my attempt to model the key financial incentives for REI, which members have mentioned above, like inflation protection, capital appreciation, tax benefits, equity build up, and of course the beauty of refinancing.If you’re familiar with project financing you’ll know as value of real capital appreciates regearing will boost returns quite significantly.

It's always a mixed bag.  

With me as your agent you get to meet me at the house and I bring trash bags and we clean together all the stuff you don't want covered up in the walls.

I have buildings where the tenants pay for town trash bags and buildings where tenants pay a trash service.

The beauty of real estate is that you can spend as much or as little time on it as you want, it really just depends on the strategy you want to utilize and how active you want to be. 

Adding more curb appeal will make it look more beautiful and inviting.#2 Staging will help.

I’m also a dog lover and mom to a beautiful Yorkie boy who brings me so much joy.I’m a lifelong learner who loves reading, exploring new ideas, and being part of communities that bring out the best in me.

It is very simple.IF and IF the GP uses 30 year financing (just assume this product exist), even with variable rate every 10 year, then this problem never exist.( The very beautiful thing about 30Y fixed rate for residential guaranteed by gov. is that the equity owner is forever in good shape financially ) ...So imo CRE is not speculative, but most investor has no clue to measure and understand the impact of interest rate, cap rate and short term / long term financing and fixed/variable debt.From an academic perspective, I agree with you...CRE should not be speculative but as @Brian Burke pointed out, for conservative operators, there were NO opportunities during this time period because all of the speculative operators bid up the prices to insane levels and they relied on rubes like me to fund this speculative bubble.