His team lost the finals, but I don't think anybody believes he is a failure.The world is not as cut and dry as you see it and money cannot be the only measurement of success or failure.  

This late in the real estate cycle I am prepared to take that risk by having more dry powder . any thoughts ?

I’m currently in the cleanup process with Servpro drying the place out, and moving forward there will be a lot more work to be done(carpet removal, opening walls to check for damage, insulation).

It's amazing to me how cut and dry taxes usually are yet in this situation there's many different ways to come at it. 

Better than strapping ourself with a large capital outlay, diminishing reserves and dry powder.  

There is so much info, and it has propelled me to have the confidence I needed to take the first few steps into a passion I have always had into real estate investing.To simply put it, I feel like a dry sponge, and bigger pockets is a puddle of water on the counter, and Im soak in up all the knowledge. 

Buy struggling golf courses in dry environments (much of the southwest), shut it down due to financially not viable due to rising costs of water and declining golf interest, start syndication, develop the golf course with combination of retail and commercial.  

These types of investments are primarily a place to park excess cash.A down turn in th eeconomy will not only impact value it could also dry up your client base.

I previously lived in a very expensive area and kept my powder dry for 2 years until I had the opportunity to move.

if it was just dry stored it may not be any good.