Seems like a bit of a gamble to me.

I look at the 2nd wave as more opportunities for people like me before things start to settle in 2+ yrs and Vegas economy bounces back :cool: In the old days, when the economy tanked, people used to drown their sorrow in alcohol and gambling.

There is nothing profound in real estate, just be careful, don't do anything that might constitute gambling or high risk and you'll be fine.

We finally placed her coverage with some tiny off shore surplus lines carrier.

I want to make an investment not a gamble.

It's less of a gamble than just buying a parcel and hoping someone will want it one day.Clint

Brandon always mentions that appreciation is like gambling and a speculation.

There would definitely be a knowledge gap in switching/adding something new to your portfolio, and bigger gambles could mean bigger losses in the event of a mistake while learning. 

Those both seem rather big gambles as opposed to hedges... but hey, each unto their own. 

Even when young and could not really afford it, I would not hesitate to buy a new car, knowing full well that financially it was a bad deal.Taking a risk on a RE investment was just too much of a gamble - why, because it was different, it was not the norm, that made it scary.Even when I had plenty of capital to back me up, it was still difficult to make the first buy.I still suffer from analysis paralysis when looking at properties - that's probably due to some fear still existing.I'm still a relative newbie in the REI world, but every day it's becoming a little less scary.