I'm looking for someone that has become a millionaire in a tough market like LA or Orange County that did not build networth due to buying right after the crash. 

But the proliferation of AirBNB units has meant my friends have vomit outside their door on a regular basis,  drunks attempting to climb the fire escape and crashing into their windows,  and noise into the wee hours every night the weather is above 55 F.  

I'd rent them for awhile and then refi to get cash for other projects.3) Buy and hold a few profitable 2-4 unit properties4) Save a little cash for emergencies and for investing after the next market crash

@Brandon Turnercurrently our only rental property is in Maui, so if you want to meet me out there I'll volunteer to have my picture taken...although, my wife just told me that if you did this, my picture is surely going to crash the BP website!  

Probably worth taking a look after the next stock market crash/correction.

During the 2008 crash, our clients had zero decrease in rent, zero vacancies.

I've heard so many stories of buyers with perfect or 800+ credit scores not being able to get a loan right after the crash.  

I bought in 2009 and sold at essentially the same price that the previous owners bought for when it went into foreclosure for during the crash.

On top of that, my laptop decided to crash and I lost al of my progress photos, and worst of all my spreadsheet.

But I’d wait a bit since the market is really hot and I, like a lot of other investors, think the crash is coming soon.