And each statement came with its share of ridiculous expenses.  

I've "fired" many a lender for being overly ridiculous with conditions, difficult to work with, and a few for not honoring broker protection agreements. 

No, those contractors are working their ends off, busting out ridiculously long days without a moment to spare.

But I don't think the next cycle will ever get as ridiculous as early 2022 was.  

But, at a high level, you fill your units, screen your tenants, collect rent and pay bills all the same.I second the point about not paying ridiculous amounts of money for courses.

She uses company money to pay her boyfriend a ridiculous weekly amount (2500 per week) as an employee, even though he does absolutely nothing for the company.

It’s just hard to believe so many investors believing that this investment strategy was anything but ridiculous.  

That's a ridiculous amount.

In my limited experience with this small number of syndications, they were very desperate to buy basically anything in order to have "deal flow" (these properties were not for sale, they approached me off market and made me ridiculous offers which I couldn't refuse despite not planning to sell these properties for another 10 years or so). 

That's actually a big problem when you want to get elected.The solution is to build more houses, reduces taxes, reduce regulations (not completely, but yes, some regulations are ridiculous and hurt housing.)The current countrywide housing strategy will not survive as it is, it will collapse, AGAIN, and that will be a "buy" signal.In the meanwhile, I am buying "off market" so the seller & I have no realtor fees, I buy at 85% of value (yes, saving 15%, on a $400,000 property, that's about $60,000 below cost) and taking over the financing of the existing mortgage, saving loan fees and getting 2.5% loans, that's a monthly savings of about $1,000.