We have bought only a handful of 2nds but to me, the 2nds game is a volume play.

Well, if I'm buying to flip and it's going to cost me 3-5 months of time, effort, holding costs, risk, etc, and I'm only going to make $30k off the final sale then it serves to reason that the wholesaler would make less because they have less skin in the game.

Does anyone have any recommendations for board games, apps or video games that “accidentally on purpose” teach these things as well?

This game is hard enough without shooting yourself in the foot. 

Another 2-3 years game rooms and theaters and coffee bars and all that jazz will be the same. 

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

Are others playing the long game and hoping for appreciation or is there something I’m missing with the economics of North Jersey?

It will definitely be helpful.There are plenty of stuff that other major platform needs improvement on so if you can tackle those, it would be a game changer.

But you won't know until you take that first step.To use a basketball analogy, you're dreaming about playing for the NBA when you haven't even tried to play a pickup game at the Y.

It’s a new game now.