Just seems reckless to me.I get what you're saying about sticking to what makes sense to me.

I full heartedly agree, I love David's reckless abandonment and approach to working the market cycles.

Today you have to have a down payment, so there is a barrier to entry which weeds out many of the reckless investors that were seeking easy money.The crash was caused by supply greatly exceeding demand.

@Joel Katzen    I experienced the same at another crowdfunding site (I dare not mention the name - I've seen the recriminations and accusations that recklessly fly here when suspicious minds over-ruminate.)They sent me a reduced balloon payment which, when added with the interest i'd already received, totaled exactly the amount i'd originally invested.   

I am financially stable and do not want to rock that boat too much by taking reckless risks.

It won't be easy and may even be a bit reckless, but if you're diligent naybe you can make it work.

GCAARStandard of Practice 15-2The obligation to refrain from making false or misleading statements about other real estate professionals, their businesses, and their business practices includes the duty to not knowingly or recklessly publish, repeat, retransmit, or republish false or misleading statements made by others.

There is no reason so get reckless. that usually never ends well.

Otherwise your just being kind of reckless for the sake of being bold or something when there really is no need to approach your first real estate deal like that.$1600 per unit seems a little high but I don’t know your market.

There is no sense in discussing reckless investment into hot cyclical markets without these safeguards...those investors are not on BP trying to learn how to prudently invest.These BP market correction posts have been going on for years.