AND HERE'S THE KICKER: Many people know the strength of bankruptcy actions.

It seems like a decent prospect for appreciation and cashflow since it's situated between JHU and Penn Station and is the site of a fairly substantial development project (Telesis), but I understand the strength of the deal will be determined by what price and condition I acquire the property at. 

I understand it varies deal to deal and sponsor to sponsor based on the strength of the deal, sponsor, etc. 

Sounds like a lot of Extra Strength Excedrin in your future if you go that route.

why sit on the side line and wait for a crash that may never happen .. and probably if it does wont be near the magnatude of the last one.There are multiple different types of investments in and around real estate other than being a landlord.. so maybe we confuse the developer who just did a subdivision and flipped the plat to LEnnar and made 2 million in it in 16 months with 150k into it.. .. those are pretty cool homeruns.. and done all the time.. but you need the skill set to set into the guy or gal that can source a property that a company like DR or Lennar will buy you need the strength to talk the farmer into letting you have an option on the property you have to have the Risk tolarnce to put up 150k and maybe lose it... becasue you can t flip that plat.. you have to have contacts at the big builders to get to their land ACK guys or gals.. but you put that all together and thats what a homerun looks like. guys that buy at courthouse steps  hit tons of base hits..

I just look at the strength of the areas I am working in.. and there is no real bubble other than pricing is back to market highs.. which markets make new highs all the time and maybe that's what will happen markets will now make new highs above 07 peaks.. ? 

https://www.biggerpockets.com/forums/552/topics/557953-negotiate-from-a-position-of-strength  

I need to work to my strengths and that is for me to work alone.

He can tell you strengths and weaknesses of almost every player or team from any era!!

Part of my plan was knowing what my strengths and weaknesses are.