@Patrick Drury @Kevin Koone @John Mocker @Jason BottThis is fantastic information.

You don't want to be sitting there this winter not being able to swoop in on a fantastic deal because you tied up ALL your capital into one property

PML/HML opportunityWho wants to be a 1st position PML to fund the entry cost of this fantastic seller finance deal!

Factfulness is a fantastic book and it definitely changes your perspective on how we view the world as a whole.

Phoenix is a great market with strong job growth and inbound migration - both fantastic for investors!

. :-)BRRRR is such a fantastic advanced strategy, it has so much potential for growing your portfolio with minimal amounts of your own money when it goes well.

If I was you I would get David Greene's book on BRRRR, it is fantastic and I have learned A LOT! 

It was a fantastic decision and is cash flowing very nicely and has appreciated around 10%.

For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).

I have an awesome opportunity to purchase a 6 unit apartment building in a fantastic location 2 blocks from my home.