That’s why I posted this, while we can debate composition effects there’s no doubt most markets are off at least 10% and the high priced markets high teen’s at least.

"Someone who spent their teens and twenties partying."

Although these properties on paper worked well and had a COC return in the high teens and a cashflow after expenses at 250-300.

This is not sexy or fun to do all this, but it meets rule #2, never Loose Money, and makes rule #3 happy; Never Forget Rule #2. 

I've had job shadows in my primary business by teens interested in my field (Healthcare related career).

This is the only way to get cap rates in the high teens And low 20’s

and significant equity (30-60%) in adition to our job income, hence why i considered (and ultimately decided against) this property with the proposed financing - detailed explanation in the posts above 🤘🏻Of course i have other options to obtain a mortgage, there are countless non QM lenders that would happily refinance my existing (and issue new) mortgages - but not at a sexy 3.X rate like a traditional, full doc mortgage from Wells of America & Co.

I applaud anyone in their teen years who is already thinking the way you are.

I have worked many years since my teens holding down multiple jobs simultaneous.

I don't know how old this guy is but most people that experience psychosis usually have their first psychotic break in their late teens/early 20's, often when they leave home and face the stress of school.