What am I missing here?

That's a game for people with deep-deep pockets who can afford to completely miss once in a while.

Don't miss The BiggerPockets Podcast - they are great for learning how others are finding success.Be sure to set up some Keyword Alerts- especially for "Newtown" so you'll be notified when people mention it here in the forums.Also - be sure to check out House Flipping: The Best of BiggerPockets.

I don't even miss them.

Hiller past away and his Daughter never missed a step in servicing that little note.

When those mails got returned, did you check on the addresses to see if they may be missing something (i.e. condo #, mobile spc #).I used to recheck them and found that the addresses are not complete.

You'll quickly realize, by the depth of the questions asked, who the big players are and which meetups are the ones to not miss.

in 90 days should easily turn 30% on the real cash you put in.I'd bet dollars that investors with construction knowledge and skills are missing this boat.

Am I missing something?

Here are some of my risk mitigation elements:Buy the property rightUse conservative projectionsKeep some liquidityHave alternative exit optionsGo as fast as you reasonably canDo not over extend (do more/bigger deals than you should)Stay diligent in watching the marketWhat else am I missing?