I'd also add that if they had the kinds of gurus in the pilot training world that they have in the real estate world, you'd see lots more airplanes crashing on a daily basis.I would actually suggest that my checklist from earlier in this thread applies to flying too:- First and foremost, start with accredited sources, not just some guy who says, "I'm the most successful pilot in the world -- come to my free weekend seminar and I'll teach you how to fly as well!" 

I read that prices in Denver are very erratic, rising high in one month then crashing the next. 

Their markets probably didn't drop 70% in the crash like ours did!

, each property should have own file folders, there are punches that you can use with fasteners to keep orderly, I prefer digital and paper copy, computers fail, hard drives crash, papers get lost, Wisconsin isnt as paperwork heavy as some, you will also want a rent log of each property you can make up a master for that, with security info with it too, when we went digital(ages ago) I was the one to first teach our realestate office computers, and still see them fail so keep meticulous notes, it will actually be easier not harder

Here's some proof for you skeptical fellows:https://www.cato.org/publications/commentary/great-18year-real-estate-cyclehttp://www.theepochtimes.com/n3/2000510-economists-explain-why-our-economy-crashes-every-18-years/California is all about buy low and sell high, more than just about any other market in the U.S.

Honestly, I think something is screwy and this could end up crashing here pretty badly.It was crazy to hear people talk when I was getting my grad degree in RE at Baruch or interning at a fairly well know investment firm here in town to see how little the returns were that people were willing to accept.

That being said, since the crash, the majority of the people in my neighborhood (80% by my count) are *renters*.

Sorry if I come off as grumpy, but it is unpleasant to try to read the faint light print.

Since the crash, Chicago has a glut of condos with the stainless steel and fancy finishings, and with investors and developers unable to sell, they've decided to rent.

The reason why banks require a large downpayment is if the economy crashes they have the X% downpayment as a cushion.