Adventures in CRE also has a great podcast.

I then had a hernia surgery, an unusually busy summer of work and investing, and a great summer of outdoors adventures including summiting Mt Rainier, Adams, St Helens, Glacier Peak and many other peaks.  

That's just gambling.

Large multifamily deals are not a DIY adventure like a fix and flip deal.

Multi-Family (40 units and up)Leveraged (Investors put up max 25%, Bank finances the rest) Value-Add (Finding ways to increase property value and rent)Cashflow Positive (Cashflow positive once stabilized) Refinance & Hold (The ability to pull out 50-100% of our initial capital while keeping the property)Skin the Game (Enough so they're not just gambling with other people's money)  The above seems doable so far by going through a syndicator, although I haven't seen many who want to buy and hold the properties for cash flow and allow investors to pull out their initial investments after a few years.

If you place $20k bet on Mayweather - and McGregor wins the fight... you will win your hedge ($1,367) but lose the $20k... ie how gambling works.I am not sure of Bovada and maybe their rules on betting but straight line sports betting is binary

The gamble is don't overpay at the auction.

@Greg Downey I'd also be happy to hear if you have any updates about your investing adventures in Missouri.

Have you seen a documentary called The Retirement Gamble?

Why not take a gamble with a hungry newbie on something small and get through the deal with them, rather than relying on them only.