But I'm not so heavily vested that it would be a major hit on my investment portfolio.

He has a money manager .. one of those type that just charge a yearly fee and he relies on his man very heavily to ( as you point out try to figure out what to invest in when you have quite a bit to invest)..

To me at least, this is definitely not the time to be speculating in RE markets heavily driven by oil prices.  

The intoxicated ones will defend their opinions by just repeating themselves in a louder voice and aren't in any mood to learn since they already know the topic.Wholesaling is where many begin, it takes no money, no credit, no job and it's thought to require little knowledge, they drank the spiked Kool-Aid and started 4 hours ago.

@Ron Steele - the income was a few thousand less per month then they originally stated.We were weighed heavily as the borrower, but we are also out of state so we were scruntized more

This way when retirement comes around, I can sell my low income rentals and keep my better ones.I am in Central Illinois where appreciation is not like California so I have to lean a little more heavily towards cashflow.

I have more of a macro question for current investors that are heavily involved in renting their properties utilizing these types of programs.  

This is something I've been thinking about quite seriously lately, however, we're presently involved with some commercial RE transactions and looking into buying heavily into a Nationwide chain of Express car washes that are expanding into the SoCal market so traditional RE may be off our radar screen for awhile.

 :)So, get a big pile of investment money, then invest REALLY WELL (and get lucky to boost the average rate of return) is probably the best bet.If you are purely asking from a REI perspective, I would think you would need to be investing continuously and heavily and identifying and jumping on markets when they hit the bottom and riding them on the way up.  

I know the ALFs are heavily regulated - not sure to what degree here yet, but that will definitely be on my list of items to research.As the baby-boomer generation continues to age, I know both types of facilities will continue to increase in demand.