Blackstone isn't just a housing investor - and when they decide much larger market trends make sense for them to focus on PE or any other vehicle - they could have major impact on the housing market.

It got me thinking about why that was and the impact that non-participation could have on my investing future.I realized several key things:FEAR is often cited as the reason for inaction in investingIn my case I call it ego – which I suppose, the bruising of my ego, is a form of fear.

I believe from reading posts here on BP and other sites that to have my credit pulled for a new rental property will probably cost me about 5 points on my credit score for about a year.  I am planning to buy 6 houses ...

I want to use RE to create generational wealth for my children and be a positive impact in the lives of others.

If they are hungry, conscientious, and well structured in the way that they do their deals they will definitely have a big impact on you.Do some networking, and don't be afraid to ask people if they have anybody that they would recommend or even that they would stay away from.Thanks for the feedback everybody, good luck and good hunting.

As far as real estate investing goes, I don't expect the PACES Act to have a substantial impact.

I don't recommend purchasing for appreciation in any market, but especially not Killeen.The high turnover also impacts rentals - 2-3 year is the typical duration of any given tenant.  

Jason,From my understanding, the last recession had a huge impact on some of the flippers here on BP. 

Although most of the podcasts and investing forums don't directly relate with investing in rural areas I feel we have a unique opportunity to have a larger impact on a smaller community.

Do something that will impact your REI Life!