When I think back about how lucky I was with the timing of the investment as well as being presented with the opportunity, I can't help but think emptying my retirement accounts like that was pretty reckless.

I've previously mentioned their laser focus on residential real estate was reckless and now is the time of reckoning.Here is a real world Las Vegas example on the market: 8177 Coyado Street, Las Vegas, Nevada 89123Open Door purchased May 9th, 2022 for $742,100.

I am not advocating to act recklessly, in fact quite the opposite.

Well you should read and pay more attention to Realtor topics as it is almost unanimous amongst many  of the experienced BPer’s that you give some of the most poor if not reckless information on the platform. 

Just buy insurance and don't be reckless or negligent.

TCPA allows for $500 per violation, and up to triple damages if the calls are made recklessly (usually this means they call again after you expressly told them not to.)  

They stated up front it would lose money for a period of time, but they scaled too fast and were paying reckless prices. 

Since it was brought up earlier I figured it was worth mentioning what is always or sometimes exempt from bankruptcy:-State and federal income taxes within the last three years-Student loans (mentioned above)-Vehicle accident claims due to drunk or reckless driving-§523 Bankruptcy Code, money obtained by fraud:§523 Bankruptcy Code-Eve of bankruptcy luxury purchases-Willful and malicious injury to another or his property-Government fineNone of that will really help you at all, but I figured it would be good to know anyway ;-)When you make loans you assume default risk.

This just seems reckless to me.

Real estate really isn't liquid, probably better assets to do that with.  1st of all these averages run over 50 years not looking at the last decade, 2nd of all let me be very clear I’m not advocating for taking on reckless amounts of debt I’m actually saying just the opposite, if you can only put down an extremely low down payment, that’s extremely risky right now, I’m saying you need a large down payment to make the numbers and questioning if I’m putting more than 30% down whether I’d just be better in an index fund.