I'm more disappointed than anything else in the constant defense of what could have been a simple error, but such insistance simply indicates an agenda.

The market is simply correcting itself.There are so many investment dollars looking for commercial properties, the market is continuing at it's pace, for the most part with little or no acknowledgement of the residential real estate ‘bubble’.

I propose that we start when we've found a 4th and move to discussing our "meeting" objective/agenda/structure before discussing our media for communication (IE: group emails, telephone conference, skype, google video chat, etc)Later we'll also need to discuss timelines (how long/wordy, etc) and frequency of meetings as well as defining the type of commitment we'll all have to each other and the group.My suggestion for agenda/structure:My current mastermind group uses the structure set in place by Jack Canfield in his book "The Success Principles".It goes - initially each member has an entire meeting to familiarize all members with their real estate business, experience, positives, negatives, etc.Each subsequent meeting all members have 15 minutes or 200 words or less or whatever we come up with, to cover topics like:1.

4 - Be sure to calculate an appreciation factor for the land itself - hopefully the land will keep pace with inflation, which will partially off-set the depreciation of the homes.Lastly put all this in a basic excel or google drive spreadsheet - doesn't need to be fancy - just the line items of revenue, expenses, appreciation of land and depreciation of homes - and get your total $$ number for each year (projected) then divide against the value of the entire investment to calculate your ROI.

Putting on the equity hat vs the lending hat would be a different change of pace for him and assuming he feels comfortable with the structure and feels his principle investment is safe it may make sense assuming he can achieve similar returns. 

Sounds like Tyler has mastered the knack of knowing the right people and what makes them tick (freedom to work on their own schedule/at own pace, happened to have the month off, fun/relaxed work site, got to listen to loud rock music & have BBQs, they all went to school together, their Moms are friends, they are between jobs, whatever). 

All lenders need to make sure the short sale is known on the market, advertised and hopefully on the mls.Lenders have their agenda and will counter back later selling you the market price when they are ready often way over what you want to pay.

I specialize in condominiums in my area and at this point I've looked over so many disclosures and financials, I can tell pretty quickly based on the number of units and cost of cap expenditures about how likely they are to have an assessment in the near future and for what (roof, elevators, etc.) even if it's not on the agenda.

But from 90s, Houston’ housing market were appreciating, though probably not at a fast pace.

Probably on pace for record breaking numbers if it hasn't already passed those figures.