Even without the investment mentality, I was able to make pretty good money on all the transactions, including my last sale where we didn't use a realtor.  

It is our of my daughters school district.  

Hi all, I've been considering getting my feet wet in real estate investing for years now, and only recently begun to consider myself financially (and mentally) ready to jump in with both feet.  

It's purely a mental thing for me.

Good "asset" from my parent and a part of my mentality. 

Even Brandon Turner with his recently purchased 4 unit that he bought for his daughter, he ended up $20,000 over what he planed for rehab, but he was ready for it and was still able to make his investment profitable.

unless you had big unemployemnet like in 08 to 2010.. and you have folks who have bought homes in the last decade that actually qualified and are locked in at historic rates.. just because their market stops appreciated or retracts a little .. those folks don't sell they just ride it out.there is and will always be the US citizen that can't manage debt no matter the market.. gets divorced .. has bad health issues... dies intestate... so there are always deals.Each market cycle I have personally lived and invested through was unique  no two the same.And now with Foreigners grabbing a huge share of our investment properties for cash and hedge funds doing the same.. why would those folks cut and run especially the cash buyers.coming into 09 40% or more of all sales were for CASH... so cash buyers don't panic sell generally speaking.I do see certain markets leveling off the appreciation run up.. we are seeing that big time in Dallas right now the herd mentality of that market has cooled down a bunch.and here in Portlandia higher end is just holding to little move up.. but middle price range still moving up. 

and the gold rush mentality around here is hard to overcome..I am planning to write him a letter... anything else I am missing...?

My daughter will be going to school there this year.

I have a daughter probably going to BYU in 2019, and 4 more daughters that may follow suit in the coming years.