42, I got a late start to REI (just started last year), I own 2 SFH that are currently rented out, another SFH in the process of getting rehabbed and will be rented by September, I own a piece of vacant land near a casino, and I'm almost on contract with my first duplex (a City-owned property).

@Cyndy Trueblood An accredited investor has to have either net worth of over $1M excluding personal residence or income over $250K and is generally considered a sophisticated investor aware of risks of private placement funds.

I was thinking about trying to get some like minded people together, possibly over dinner at foxwoods casino.

@Brian Pleshek They are allowed to work with up to 35 "Sophisticated Investors".

They are a bit more sophisticated investment types.

I am hoping the new Majestic Star Casino and the new Penguins arena project bring some life to Pittsburgh.

Wall Street is a rigged casino IMO.

It appears to you as though it is geared toward young professionals because real estate investing as a profession in sophisticated and involves allot of knowledge and is further complicated because it is a regulated industry as real estate is considered and is a security. 

They all just wanted to know how much they could get for their property.I’m sure distressed multi-family owners are out there when the market’s hot, but obviously they will be much farther and fewer between than distressed SFR owners, both because there are so many more SFR owners and because multi-family owners, in general, are more sophisticated real estate-wise than SFR owners, most of whom aren’t investors at all.Maybe I didn’t spend enough on marketing or didn’t know what I was doing or how to negotiate, but that was just my experience.

Jerry Puckett Most yellow letter copy I've seen attempts to make the sender appear less sophisticated than a savvy real estate investor.