Then when the market crashed many equity investors as we know got hammered ( I was one of them) So then the Marketing companies repositioned the message and came up with a few new tag  lines:" appreciation is only icing on the cake its all about cash flow don't care if the asset ever goes up in value"" Live were you want but invest were it makes sense"and so on.. so you have the last 10 years of investors primed for cash flow and primed to buy were the numbers are highest vis a vi a passive rental return..

@Michael Valerio   the issues Mike are as @J Scott alluded to.. from my perspective and its the exact same thing that happened to my client.. your rehab bid was off by a ton... your resale number was way high.. it induced someone to buy then they get hammered.. pump and dump is really what it is.. and newbies are prefect fodder.. you got me once.. but never again.

I came through the house flipping spread sheets' website where they offer different excel sheets for flippers from analyzing to budgeting to marketing to scheduling etc...and thought about sharing this here to see if anybody have purchased their spreadsheets to  advice me and give me their feedback.As for finding the wholsesale deals in LA, i came through myhousedeals.com too and they've been hammering me to upgrade my profile to a VIP membership ever since i created a free account a week ago.

Schools on the South and West sides are getting hammered.  

In the 50/50 case the contractor does not charge overhead on labor or materials.A qualified contractor does not just swing a hammer.

I really enjoy all aspects of RE from the finances to the fixing toilets (well, maybe not that part, but happy to swing a hammer). 

In fact they might have been worse off because they hammered home all the risks so they were more scared of making mistakes.

always hammered home the point that the biggest risk should be the risk of inflation. 

So what we need to do apparently is go in the garage, pick up a hammer and repeatedly smash it into our skull, do some tide pod challenges, completely remove ourselves from actually working in RE, and THEN we will "get it" on how a crash, 50% reductions is "gonna happen any day"........ 

If you have a group of guys that are really motivated and willing to sit down and hammer out a structure that makes sense -- and each contribute some fair combination of money / effort -- I'd be interested to see how that plays out for you.