So, I finally got the Marketing Machine up'n'running. Up until the past few days I have been absolutely SLOGGING through mountains and mountains of data that I got from the friendly, helpful folks at the Torrington, ...

I am a young investor from St Louis, MO looking to start my adventure in real estate investing.

Making educated bets is like gambling at a poker table.

I figure the more internet real estate I have the more chances I have at getting the right motivated sellers to contact me.As for my buyer site I would need more of a realtor type site that I can list the properties I have... but not on MLS since I'm not a realtor.Lastly would be my blog website where I can talk about my adventures in wholesaling and give more relevance to my seller/buyer websites since my blog/vlog will have updated content all the time.Thanks!

Welcome to BP & good luck to you in your new adventures!

Too close to the "evil" gambling and the threat of increased crime (whether true or not, the perception will detract) and any casino workers that want to buy to be close to work will be lower income people, so at best they will maintain market level (but based on my friend's income level, I think they will be a step down).What are BP's thoughts on the situation?

He has been through about 4 cycles he said and he said each time for commercial multifamily was the leading drive on the rebound.If you look at cycles they all have similarities and some differences.Recognizing these patterns leads to the best portfolio and the best returns versus risk.What Rich said holds true in that you avoid the herd mentality.People that do not invest prudently do good with some properties and then the others bring them down to a negative to flat position for years before you can recover.Some of these syndicated pools of investors look at the big project as a smaller risk.That is fine if the gamble is made based on the funds entered is only a small percentage of their total worth.Example if the have 2 million liquid and want to spend 100k for an interest in a property that could throw off very high returns than they are still safe versus their overall portfolio.I can tell you that buyers think "I am buying so low there is NO WAY I can lose on this!".

If you want to gamble try sports betting.

One year tenancy should be enough to argue something in front of the judge.And then you could always gamble a bit: On one side, if it fails, you loose $100 or so filing fee and your time (if you go yourself to court).

I did have a bpo agent friend go there already and he said it would going to be a gamble to rehab and sell but to put it back on the MLS he thought it would sell at $60k due to the land prices there.