transacting - buying and selling - is expensive and can consume years of gains, with all of the commissions and fees you have to pay. 

#JustSayNoToInvestmentCondoshttps://www.yahoo.com/finance/news/desperate-help-young-flor... don't say no to co Gp ground up development of condos. get on the right side of the table and not being a consumer.

Buying a property in Los Angeles with a bad tenant is very costly and time consuming. 

It is worth mentioning that my journey into real estate commenced without any formal education in the field; rather, I relied predominantly on extensive research and avidly consumed the invaluable insights shared through the Biggerpockets podcast.With each venture, my interest in real estate investment continues to grow, fostering a profound desire to acquire more properties.

Since the property is there, I can only do investor loans in AL, but from a consumer standpoint you can do Conventional, FHA, VA, and USDA as a renovation loan where you take the cost of the property plus the cost of the renovations as your purchase price up to the value of an "As-Repaired" appraisal.

Also is he referring to consumer debt (credit cards, payday loans etc..).

State consumer affairs and the contractors license board would close us down if we did monkey business like that.Junk fees are bait n switch 

This gap in the market has become increasingly pronounced, posing challenges for both developers and consumers alike.During the Great Recession, the housing market saw a shift towards multifamily rental properties as homeownership became less attainable for many.

I would recommend reading the book by J.Scott called "The book on estimating rehab cost" Also, network a lot and consume wholesaling-related content to give you a better picture of how it works. 

There's a reason Fortune 500 companies never stop marketing to consumers!