and I think the lending industry has firmed that up a bunch.It was a train wreck in the last decade of under capitalized investors buying out of state rentals.No way anyone is going to be made whole buying any kind of mid west property and having to sell it within a few years..

But from a consumer protection standpoint, it will train wreck a system that overall does a pretty good job of protecting buyers and sellers without a whole lot of government intervention and oversight.

Next thing you know, the $20,000 - $40,000 you've spent on his training could have been better spent on an actual investment. 

Also, make sure the comps are near the asset, with no major freeways or train tracks in between.In my opinion underwriting needs to be based on the current market with future projections based on historical data.

To gain that experience, I could go to a 3-day training session for $3000.

It takes a little training.

These are professionals with additional training and a stricter code of ethics.

As stated, this is not my lane in the industry.That's an example of why some people get trained.

Here are my bullet points on my train of thought:1.

The reason I mentioned it in this post is because it is actually something a newbie could be doing with the right training/mentoring.