They're talking about margin compression, lack of inventory, too many players and the inability to easily find homes with margins that work for them.

Go to local REIA meetings and find out who the players are in your market.

Whatever market or classification if you want to make money invest based on the highest & best use only.Otherwise, you're better off buying a CD.

Would love to read rookies and vets processes on how they maximize the learning curve from BP or internet in general?My General Outline - 1.  Consume all podcast and put notes in personal brain (mind mapping software)...

The big players will be out sucking everything up when the next turn happens.  

No assertion intended towards you - - just the political process and  the current players.

These ones are willing to add value to their immediate community and can assist in more ways than the larger players.

You as a business are taking risk of buying an item and try to change it into an asset.Find the power players in your field.Someone is crushing it.

Like baseball players settle for a run now and then and then once in a while will hit a triple header or a home run.We all have a time factor to play with and if you just become consistent about earning money you can keep going until you hit that really profitable deal.

Many of the "Big Players" can buy at that price because they know the chances of two things happening are very good: 1, the price to buy said investment will only get more expensive over time and the asking price will only rise, and 2, rents will generally rise above their current levels, meaning they will be making more than a 3 cap on their properties in 4,5,10 years time.