Made his investors some coin and opened up their cash to move on to the next project.

I think a lot of folks look at homes as a liablity  and why own it.. let someone else maintain it.. other than a litlte write off and some equity pay down... they simply don't want to own even though they could.then you have the other side of the coin.. were folks simply cannot manage debt.. you see it in your profession no matter what they make or do.. they simply cannot manage debt.. and when they cant manage debt or have very unstable family situations.. the banks take the brunt of it when they don't pay..

It's unfair the way many renters like to depict landlords as Scrooge McDuck swimming in piles of gold coins and not working for their money while in reality a small percentage of the rent actually makes it into a landlords pocket most of the time and it's actually a lot of work to start up and run a successful real estate investing business.

BP needs to coin a phrase for the opposite of irrational exuberance, where people think real estate is forever bound to fail because an artificial bubble popped a decade ago

I am hoping to add value by slowly renovating kitchens, adding coin laundry and other income generators.

You might get reputable contractors, but that is, according to them, so you are only looking 1 side of the coin, BBB's side.

I found Bitcoin in 2012 when it was trading for $12-$13 a coin, I investigated it and believed it was a fad that would fall out real soon.

Flip the coin and ask yourself the question the other way ( I am a trained engineer and that is what we are taught to do ).

Kenny, in MA you must close with an attorney, (you can't close with just a title co, in MA all closings must be actually attended by an attorney) and you'll need an attorney who is comfortable with what you are doing, and who makes sure that all documents are executed properly and no steps left out.

I used to do thousands of BPO's years ago for banks and BPO mills for extra coin.