The RE market isn't spectacular right now so there's certainly no guarantee you could do a lot better than that on rental property or other RE related investments. 

There was some spectacular failures of those HML here in Oregon that ran those kind of funds.

Here's a fascinating tale:In 2009, Iceland had a spectacular financial meltdown leading to economic disaster, thought to be caused by over-zealous male bankers.

to apply the tile absorbed into the OSB floor which also helped to weaken it.All contractors agree that OSB flooring should have never been approved for use as a subfloor - especially in our neck of the woods, on the coastline in the deep south with humidity averaging (in the summer time) 75% to 100%.

Many investors have used it both successfully and failed spectacularly through the years.  

They are from Durham and are spectacularly renovating the property, inside and out.So far, $75 million of private money has been invested into the area surrounding FUSE as a direct result of Gastonia’s investment of $30 million into creating that ball park.

Since California is an amenity state it makes sense investors are moving to FL, TX and other Gulf, Coastline states.If you talk to most investors you find that they but their REI out of state in most cases.

I think he has bought these using creative financing and sometimes has a second on them with an unsophisticated lender which means if anything blows up, it blows up spectacularly. 

There are only so many views, hilltops, stream-sides and coastline to buy.  

You have to either have an existing relationship with a lender of some sort or a "spectacular deal" (defined by whomever you want to borrow money from).