If the numbers tell you it's a bad deal, much like a bad hand in poker, you fold in poker, and you fold in REI.  

There's a one in about 40,000 chance that one hand of video poker will result in a royal flush. 

It's hard to imagine him saying that price with a straight face, but this guy's been playing poker longer than I've been alive, so he's got a little bit on me (a lot, actually).I don't know about the rest of the board, but if I'm going to put effort into doing the due diligence and putting together the deal, I want to see some cashflow.  

There are definitely some similarities between poker and real estate negotiations. 

Hello Bigger Pockets,I am a long time lurker and occasional poster looking to network and learn.Several years ago, before online poker was destroyed with lawsuits, I was a professional, online poker player. 

Run away...run far away.If this was a poker game, you'd be looking at a "Jack High",and still feeding the pot.  

I learned a lot, not only about real estate, but about a variation of poker called "Up the River, Down the River."

To me, in REI, the is the definition of hope.REI is a lot like playing poker.  

I should have never been approved for the loan (21 year old in college with "poker" income), but luckily all is well with the property and it still provides good cash flow to this day.I will try to make this sound as least salesy as possible (you can see my Marketplace ad for the sales pitch =p).  

@David KrulacI think true investjng is finding problems and offering solutions and making money using many creative tools.Low level Investing is paying retail, 20% down, non portfolio lenders, obeying conservative bankers, having no reserves puts panic in your lives and many sleepless nights.Gordon Gecko (Wall Street) could not buy Blue Star Airlines without his 72 million in poker chips so he could break it up and sell off the pieces.Gordon Gekko: "The most valuable commodity I know of is information."