I bet each one of them was at one point, just like us, making observations about how they are ALL the same and than they became part of the the "ALL".

--A couple in-person observations: I've been down around Brays Bayou a bit and it's surprisingly recovered.

I look forward to learning more from you guys and even getting a chance to help in the process of flipping and observing those who have come before me and have seen some of the pitfalls. 

Jerry,I think this is a great observation and good advice, depending on someone's strategy.

I'd say first identify a strategy and establish your Core 4.The main challenge I observed is that individuals often lack a clear end goal or strategy, or they select a market that doesn't align with their chosen strategy.

What I have observed, the highest is seldom reached.

Observe the process.

Perhaps my favorite quite from "Rich Dad, Poor Dad," is just a throwaway observation that Kiyosaki makes: "Most people, given more money, can only get into more debt."

From what I've seen, you're indeed at risk of veil piercing if you do not observe some basic principles with the LLC (e.g. need to file annual report and pay fees, not mix up personal vs. business funds, etc.).

Not personal feelings, just observations.