@David Coatney understood!

Seems that Ray believes our debt crises is more closely aligned with that of 1935-1940 rather than 2008 (at least as I understood it).

If you understood what a maximum over-funded policy is, you wouldn't make a statement like "making the insurance company rich".

I've not heard, prior to this, that you can't put an option on a home with loans or liens, so I wanted to make sure I understood that aspect.   

Your point about price was understood from the beginning but really people would not be selling wholesale or to OD if the status quo worked for everyone. 

I never understood that.  

I’ve never understood putting down a huge down payment to “increase cash flow”.

The term “primary residence” is not defined in SEC rules but is commonly understood to mean the home where a person lives the most of the time.In general, debt secured by the primary residence (such as a mortgage or home equity line of credit) is not counted as a liability in the net worth calculation if the estimated fair market value of the residence is greater than the amount of debt secured by it.

Understood, and my statement stands ... those who do not have hands on experience in REI and don't want to treat real estate as a business will be better served by buying an index fund or an REIT if they want to stay with real estate as an asset class to remain diversified and at least assure themselves an average return.

:I never understood how people could spend that much money on information in an age where you can find everything online.