I agree but the big sharks move in first and it filters down to the little guy You have to have the expertise and vision to sniff out those neighborhoods that might change early An example was downtown Vegas 5 years ago The ceo of Zappos started buying on Fremont street  years ago and investors quickly moved in when they got wind of it Today is a desirable area with upscale tenants Your expertise is to sniff out these events early and take advantage It is not something t  laugh at but to capitalize on thru farming your area 

I haven't seen a feeding frenzy like this since Shark Week.

Use a combination of 4" razor scrapers and drywall knives to remove paper with as little damage to plaster possible.7.  

It's made up of people like Shark Tank's Kevin Harrington, Les Brown, Roger Salam, and others.  

Ok, now my failure stories (so much cooler than success stories, it's like shark bites you can show your dates)- Couldn't get a loan for my first fourplex because I couldn't get an insurer.

This market is expensive, very competitive (sharks swim here) and completely subject to political fluctuations which could crush a fledgling noob like me.

Net effect will be the same,  but you're freeing up a Fannie Mae "number of financed properties" slot every 7-8 years instead of every 20 years. 

Unfortunately the large percentage are either newbies who aren't able to accurately assess repair costs, and who believe zillow is the all knowing for arv, or sharks who feel they should make at least 10k profit off of every deal they sell.

I just get the vibe of a shark in the water.... haha!  

Their loss, move on and swim with sharks.