They are selling their house next month that they have about 100K of equity in it, and are planning on paying off their vehicles (about $18K) and keeping the rest for a down payment on a house eventually, but are not planning on buying a house again until they can improve their credit. 

Meanwhile the property is locked up.The property has been vacant for a bit after the bank foreclosed on it, so the neighbors all know it's vacant.While rehabbing I started talking to the neighbors and had their contact information to contact me in case of emergency.I was told that for over a week now a vehicle would come and park on my driveway.  

If the student has a vehicle, their looking for lower rent.

I also wanted to touch on many larger investors being somewhat immune to problems ahead given that they are cash rich, but one of the main attractions that drew me to this podcast and forum is listening to the countless number of individuals tell their personal stories about how they were able to use RE as a vehicle to accumulate wealth and escape their somewhat miserable employment situations and build freedom for themselves.

Despite what everyone says it never made much sense to me because when you invest in that vehicle you are stuck with only garbage options.

The gullible sucker has had 12 vehicles in the parking lot in the LAST TWO YEARS. 

The LLC has ordered a vehicle but it has not been delivered yet.

There are still way too many people and vehicles in that city for me to enjoy.

Networking and creating your "team" of professionals is one part of it, but also educating yourself on the variety of real estate investments and determining which is the best vehicle for achieving your goals now vs. later is equally important.

We have had many vehicles hit going in and out of the garages (usually minor damage), but had one do significant damage that we collected on.Most damages are small and possibly not worth the hassle to collect.