The first point is that buying at a discount opens up the exit strategies. I market so that I get direct to seller in off-market deals. I look for distress and problems to solve so the fact that investors are struggling is good for me. Once you buy right you can do many things. I often wholesale my deals, so assign the contract to another investor for a spread. I will lease option a deal, which works really well if you bought on owner-financing or bought it subject to the existing financing. In terms of a flip, I want to make sure that if the market dips it works as rental. So buying at a discount and having these different exit strategies helps protect your downside risk. For me if the market crashes that is a good thing and I will ride the market cycle all the way through.