That said, do you get the same feel for the market right now that there is a pullback while most wait for the other shoe to drop?

If I were in your shoes I’d find an older house in a good neighborhood (east of the 101) that you can rehab and rent a couple rooms out.

Remember that we are realizing a pretty long 15 day "shelter-in-place" request.The shoe is going to drop, but since we have not been here before, we don't know much about the mess it will eventually bring.

If I were in your shoes I would become an EXPERT in creative finance -think wraps, sub to, assumable loans. 

Frankly, if I were in your shoes I’d be targeting a single 4 plex in the Arcadia/Old Town area or 2 4 plexs in the Downtown Phoenix area.

For that reason I chose Florida to do my last investment but I still keep an eye out for deals locally as well, but the barrier to entry is much higher as $100K-$150K couldn't buy us a shoe box up here. 

@Jack North I'm sure there are a lot of folks on here who have and/or are in your shoes.

Lindsey, I'm in the same shoes like you trying to develop a small tract in the Charlotte, NC Metro area.

@Michael BurksI was in your shoes a few years ago when I attended a weekend seminar by a competing program based in Dallas (if you've done your homework at all, you've surely heard of him).

That, more than anything, is what you miss out on by not spending time in a place with people your own age.So as a guy who once sat in your shoes, here's what I wish I had done differently.