I flipped $50k to $450k during the 10 years leading up to the crash and lost it all...because I was living in the homes and flipping serially instead of investing all that money into cash flow producing properties all working in parallel.

@Mike BallI think what gets lost many times are statistic distortions.

Fortunately I am part of a large investor group that invests outside of their home areas and they have passed down some useful due diligence research to me. 

I’m fortunate to have a father who is in the construction business that is teaching me the process of estimating and bidding projects, as well as other aspects of the construction business.

I have a good friend who got into a big land deal, lost millions and went bankrupt.

I've been fortunate to connect with some folks through bigger pockets and have engaged in some great conversations.  

The squeeze page was compelling and I think the free report, which was a 6 page whitepaper analyzing the amount of money being lost through improper dental billing practices, was of interest to her prospects.Then I took a look at her email sequence and even the final sales page.

The "investor" even went so far as to write out on the note "zero percent", because in a long legal document and signing page after page that will get lost to the seller where 0% would stand out on the page.

Fortunately because of the recent events of the world it appears that many long time owners are starting to consider to sell!

We’ve seen lost revenue, cancelled bookings, our personal investments lose money, schools being cancelled, people working remotely, and people in fear about the future.