I bet you won't ever make some of those mistakes again. 

It was way overdeveloped during the boom, it is slipping now.1) We are about 25% off of the peak.2) I’ll bet real estate values could fall as much as 60% (total).3) We will hit a plateau no later than August 2009.4) We will be back up at the same levels somewhere between 2014-2019.There are several wild cards.

If you are not familiar with programming in HTML, then a blog would probably be your best bet as they are easy to install and use.In addition, search engines and spiders love blogs because they are a prime source for fresh content.

I've heard that it's safer that way, but is it necessary?

As I stated elsewhere on this board, If you plan on future cash flow, buy in a nice suburb of Austin, San Antonio, Dallas or even Houston (Although Dallas and Houston experienced over built in the five year prior to this crisis) However, if you are looking for cash flow now, your best bet is probably low income and smaller investment...

Using conservative numbers should usually cover it, but still annoying I'd bet.

But I'm wondering if, as I've heard/read elsewhere suggested, using a title company or your attorney to provide that for you is a smarter/safer option if you're starting out.

and how is it riskier or safer than investing in apartment buildings?

and I bet if you contacted the state of Nevada they would say the same thing license required does not keep wholesalers from doing this.. they will keep going until told by the state to stop and even then could keep going..  

Whereas like you stated, if you invest that $300 or rather save it for a future property, I can safely bet you will return more than 4.6%.