Have to have enough money to handle the swings when the gamblers actually win, too.There are numerous empty ones here in CO.

Even if it is just a gambler who's luck has run out.

It makes me think of you as a gambler.

Interesting article.Personally, I'd steer clear of any sort of funding - there are enough places in Europe (for the gamblers) or Asia (for the growth-oriented) to be able to avoid any sort of debt.

Those were the days; the days of loose lending practices, that fired up a lot of gamblers.

Well maybe they do, but if they try to walk out of the store with a cart of groceries the theft is much more obvious.Mike's statement reminds me of a classic gamblers joke.

Everybody I know who's making real money in this is devoting real time to it, while a lot of casual gamblers and dilettantes are giving turnkey companies and property managers their money and hoping against hope that nothing bites them in the butt (and that never works in real estate).

The gamblers stood as far away as they could.

I personally would do OKC or any other market similar unless you are a gambler or have insider knowledge on the SD market and its up and downs in value.  

To me, this is what it means to be a truly professional RE investor, as opposed to a gambler ... not saying that I'm 100% there yet, but this is the end game for me at least.