I can say with complete certaintly that the first people to lose their shirts in a downturn of any time are those that overleverage.

Protect Your TimelineSet shorter inspection periods (5 days max) on new contracts.Require proof of funds or pre-approval before accepting offers.Ask for higher earnest money so buyers have skin in the game.If it were me and the clock was running out, I’d:Do the pre-listing inspection this week.Fix the deal-killer items only.Drop price slightly + advertise “clean inspection in hand.”Blast to cash buyers + MLS at the same time.That combo usually gets it sold fast without losing your shirt.

I can in fact flip the wrong house lose my shirt if I'm not careful.

I've seen several crashes since then and the lenders that lose their shirts do so, in part, from going too high on the LTV and ignoring the character and capacity.

@Scott Stamps  I'm skeptical of many of these programs but for sure I'd pass on any 'guru' programs where they are struggling to keep their own deals afloat, as ODC is. 

No “rubber-stamping” applications just to fill units. 

You say you are a "navel" inspector, "lift your shirt" and let me in our house?

This is the kind of thinking that caused the 2008 crash. 2008 was caused by subprime lenders handing out ARM loans to anyone with a pulse + credit agency's AAA stamping turd mortgages.

The idea that any village or county is just going to rubber stamp your approval for rezoning is not an assumption you want to make. 

.: Lol...You don't need the muscle shirt or to shave your head 😂😂  I'm still trying to figure out who the gurus are wearing muscle shirts and shorts.