Hello Lane,In NY, we received notice 2 days ago that Realtors are no longer allowed to cold call indefinitely.Since this is the majority of our 'future' business, the only 'now' business we can generate through phone calls is to people we already know or have already spoken to.That being said, we are ramping up our marketing efforts because incoming leads/inquiries are fair game.

Real estate is not a get rich quick scheme, play the long game and you will win.

A lot of people are loosing there jobs due to the strip closing down and a lot of the major hotels and casinos and other local non essential business.

@Bill Brandt  in the FWIW file i had a flip on the East side of the strip  starter type area.first time buyer  FHA  got laid off from Casino..

Have the Right Partners"Talent wins games, but teamwork and intelligence win championships."

Ultimately it depends on what your end game with the properties is; Cash flow for the long haul vs. a quick(er) turnaround on your capital. 

I heard and read that every house has a deal it’s just a numbers game, so I’m curious where you think the threshold is?

To put the performance of these bonds into context, I feel performance is less FICO driven vs. a combination of skin in the game and experience as you alluded to. 

I closed one last week in Vegas were buyer got the 30 day layoff all Casino workers got.. she just needed a letter from Said Casino that she would go back to work once the 30 closure was over.. loan funded last Friday.. so it will be interesting.but of course if credit freezes again and no one pays rent we are all in very big trouble. 

Knowing your why is going to keep your head in the game when the going gets tough - especially in the tumultuous time we are now in.