Do they jump back in and start buying heavily again or do they stand pat with the assets they have?

Through Hipster Investments, from what I have heard both from her and from others who have dealt with her, Ali does spend time getting to know investors and patiently and kindly answering their questions.The biggest difference, and please weigh this heavily Elizabeth, Ali only gives advice based on her investments.  

@Gino Barbaro I totally see your point, I guess part of my hypothesis is if i can find more heavily discounted land right now than multifamilies that don't need a ton of rehab.

I was heavily involved in non-profit organizations helping people get into housing, I know where that line is as not everyone is suited to be a homeowner.

Even though Ron Paul has very heavily come out against Cap and Trade as the biggest tax in American History - NEVER FORGET!

Meant to come back to this thread to answer Rich's question, but Ron pretty much echoed what I was going to say with respect to foreign currencies.In my opinion, both the New Zealand dollar and the Aussie dollar are good diversification mechanisms, as their value is tied heavily to the natural resources coming out of those areas (as opposed to being tied to the US dollar).Plus, Australia and New Zealand have proven that they're not too keen on following the actions of the Federal Reserve; correlation to the US dollar is relatively low, and even interest rates are still relatively high in those countries.

Tax benefits => We paid less than 5% real tax last year...IMO this is one of the most important aspects of RE investing that is generally discounted heavily by those that don't understand investing. 1031 exchanges with a stepped-up basis can transfer vast quantities of wealth between generations4.

Your inability to carry yourself professionally in the eyes of a Realtor seems to weigh heavily with you, it might be a communication problem and lack of RE basic knowledge.

My buddy and I looked into this heavily a few years ago.

Its great.Also, I really appreciate the way it is so heavily monitored, and watched.