- Napoleon Hill “It has been my observation that people are just about as happy as they make up their minds to be.†- Abe Lincoln"Since mistakes of omission don't appear in financial statements, most people don't pay attention to them.

So, what you are observing is true, but not for the reason you believe.

Nice observation.

But I want to throw out an observation I made following one of my fellow BP members.

I've always been keenly observant and it is a big part of the reason I love RE investing.

Looked over the limited photos provided and observed some of the paid for projects were incomplete.Inquired with the company contact and we were redirected to the contractor, who oversaw the rehab with our questions and concerns; such as the need to install missing siding panels noticed in completion photos, what repairs were done to the rusted water heater with the scalding hazard because of a missing valve, or what repairs were made to the roof and chimney with the missing chimney cap since the roof will not be replaced.It's been over two weeks and the contractors have not responded to our questions or concerns (all via email) nor have they answered the companies email to respond to us.The company now suggests we hire a third party local inspector to see if the work was done.  

I am just observing that markets make new highs at least on the west coast every decade or so and have for the years I have been alive.. 

I plan on getting started in the industry as a passive investor while an experienced GC/ Builder handles the day-to-day while I observe. 

I plan on getting started in the industry as a passive investor while an experienced GC/ Builder handles the day-to-day while I observe.

I plan on making a move to Southern California in a few years, however, I am looking to invest with developers building high-end spec homes beforehand.I have been fascinated seeing beautiful speculative-built homes across the LA and OC areas and I plan on getting involved by the end of 2024.My plan is to invest passively in such developments while observing until I can develop such properties myself.Any advice, input, recommendations, or referrals would be much appreciated.I look forward to your responses.