I have been a landlord since 1982 and I have also flipped a fair numbers of homes over the years.A couple of years ago I discovered the "paper" side of the real estate investment world.

But there *are* strategies and methodologies that will take some time to discover. 

If you gut it that's when you discover all the fun expensive stuff.

.* (Except after being told by a "guru" - you should do this, because how else will you discover your gift?

I've noticed that a lot of things are "not allowed", yet they are common, even expected practice.For example, companies have discovered that they can cite the pay of their long-time employees as a reason to let them go, even though those folks are older.

I discovered BP a while ago but didn't really get involved until recently.

I know every rehab is different and there could be a rotting sub-floor waiting to be discovered that will change the price and thus the profits.  

@Craig Naylor I see some big flaws in your analysis. 2% vacancy is extremely unrealistic especially for multifamily.

As a successful licensed agent, my 15 years of experience works to help home buyers discover where they want to live and the right home based on lifestyle, commute or even proximity to an urban center or to nature.My in depth knowledge of real estate industry and Dallas metro market trends is an added advantage for clients considering a sale of their existing home.

The whole business model in the industry is broken right now and hoards of venture money spewing into fundamentally flawed business models isn't the answer.