At worst, these markets are "value traps" ... high yield but only because they have flawed fundamentals and chasing high yield on an asset that goes down in value over time and is likely to have a dividend cut in the future, so high risk of a negative total return.At the other extreme, there are markets like SF, LA, NYC.

I don't really think that's the case relative to real estate investing as it's fundamentally more tactical than it is philosophical.

There is absolutely no transaction dealing in real estate that is not anchored in basic business law, real estate law, or the fundamentals of real estate!

By the way, I'm not married to the 50% Rule if the decades-long rental business fundamentally changes due to political change.

<< -- Reed perhaps fails to understand that if someone has read 20 books on real estate investing, the 21st book will cover much of the same ground but in different words.Having read a great many books myself, I am indeed happy to uncover one new idea in the next book I read.As has been emphasized repeatedly on this site, the fundamentals of investing succesfully in real estate are relatively simple, but putting them into actual practice is often very difficult.

What does that tell you about how he feels about the product he is offering and the fundamentals of that market?

That has nothing to do with the economic and demographic fundamentals that are important to an investment market.

There's nothing fundamental at all that says the expenses (really, operating expenses, capital, and vacancy) must be 50% of the gross scheduled rent.

The deals could have gone either way and unless you are able to scale this type of business you may want to look into a more fundamentally sound alternative.Possible options1) You can never beat finding a real deal, if you find an actual wholesale deal you will have no problem finding a willing investor, especially in that area.

It amazes me that our education system does not teach three of the most fundamental life skills necessary for stability and success:1.