I will have to verify that for myself because you can certainly see how that seems ridiculous, right?

I'm sorry if this topic is ridiculous ..

I agree with @Natalie Kolodij, I know a lot of people my age here in Nashville that are in ridiculously over-priced apartments or condos because it's "cool", or in a newly gentrified popular area. 

Regardless of whether they file a homestead or not, there are today over 70,000 Texas residents who owner-occupy their multi-family properties...it appears none of them can take cash out of the free-and-clear property they live in---ridiculous, an unlawful restraint on alienation, a handicap to duplex citizen-owners, and a sad reflection on the intelligence of our Texas legislature and mortgage lobby here. 

When it comes to turnkey there are plenty of them out there and you'll get one.The one caveat to that is if the appraisal is just ridiculously low. 

I still believe it is a fad though and will not last. ( Which is why I'm not buying any at these ridiculous prices ) In 2013 I saw it shoot from what I could've purchased in at $12-13 a coin to over $1,000 of course this peaked my interest ( and my anger ) I looked into buying mining machines and kept reading articles to see if it was worth my time to try to mine bitcoin to get them for "free" basically, I decided against it as the initial investment was high and return wasn't good enough as it was in the 2009-2010 era of bitcoin. 

And one of my pet peeves is the ridiculous and unnecessary documents the lender tosses into the mix, of which I refuse to sign as a seller.

I got a ridiculous response rate (over 30%) with around 8% of all leads being highly motivated to sell.

for 50mil  that's OK.I am with you on the title 111 I see that as a complete non starter... just the auditing requirements for such a small amount is onerous and ridiculous. at least in a lending or note environment .. maybe if you were using the 1 mil to line up to construction loans.. like we get here in PDX 90% of costs.. so our return COC on the sale of new homes is well above 100% APR ..

No, I'm not an advocate at market timing nor am I very good at it (especially with stocks) but with real estate, the cycles move slower and more predictably, and it's easier to tell when things are ridiculously over-inflated (2005-2006) or irrationally under-valued (now).