I think the correction comes in the (speculative) cash flow cities, overbuilt cities, and in creative financed properties. 

I would say that your probably going to be looking at a low cap rate to buy in those areas and having it more of a speculation play.

The issues in CRE are just getting started and if you're in areas where there was a lot of speculation, Sunbelt, Southeast, PHX etc. there is more downward pressure on prices.

Obviously, this is a speculative question and nobody has a crystal ball on this issue, however, I think close consideration of the fundamentals are important in making a decision about this.

:Originally posted by @Scott Wolf:Originally posted by @Meryl McElwain:@Blake DaileyI actually don't understand all the speculation as to circumstances on this question.

The GoldMoney path is full of red-tape and speculation and fees.

I look forward to learning more about how things work opposed to predictions and speculation. 

But that's a bit of speculation on my side.In the end both the agents got paid for the work the investor did.

AgreedFor someone in Grant's case, I'd aim to buy 2-3 very high quality, low leverage property per every 1 speculative, high leverage property.

You are doing a gamble play that value add and rent increases will eventually get the asset cash flowing.If it doesn't you just are trapped in a tax write off property.Some investors love speculating but I am not one of them.