I get the feeling that a lot of folks are advocating being over leveraged and taking on an ungodly level of debt in order to chase what amounts to a mere $100-200 a month in cash flow for each rental property in their portfolio.

The risk is too high to chase high cash on cash returns. 

This is no means a knock on him because he's one of the few on these forums who appears to be the real deal but the guys James is chasing all have far more votes relative to posts. 

Birds of a feather flock together!

But, I agree that there is not enough chasing away or direct questioning of people who post questionable stuff, and I think it is easier to be just plain old mean from behind the safety of anonymity. 

My grandparents have snow birded to the area for the last 33 years.

Quote from @Carlos Ptriawan: also since most of the advice in BP is coming from sell side, the return we got is the normal return hence why I am no longer interested.I am interested to gain abnormal return.my exerience- making 80k-100k per flip from 500k home is possible, only in CA- Out of state could be a good appreciation vehicle too- the wealth builder is created when we invest in expensive state only (CA/HI) with at least two properties- invest locally is thousand time better than investing outside because of the potential it creates- househacking and ADU is finance freedom LOLBut i develop a strong very atypical thesis also:- there' nothing passive about real estate investment- investing in syndication is more active than direct ownership- the risk of the unknown of unknown is the biggest issue in any real estate- at the end of the day, the probability of we as landlord is hitting problem with tenant/city is like 100% so be prepared- the difference between different type of real estate investment is the unknown factor and that's always the least discussed- strategy is always different depending on macro climate, if mney is cheap leveraging equity is the best, if money is expensive then buying debt is good option- don't chase best return but chase the most understood risk and capital preservation as a goal- not all RE investment has equal return/risk , syndication in multifamily for example is outsourcing all risk to investor while gp makes the most money lol- direct investment is always always better than indirect investment, except in certain asset class and extremely good sponsor that could find a noticeable return/risk reward.- donot follow the crowd, when everybody else is buying then it's good time to sell, vice versa LOL- if the math doesn't pencil, GTFO lol I do not agree with everything in this post but agree with a lot of it so I thought I would add my view.

No system is perfect, so don't waste time chasing after the next shiny object.

In my opinion, it almost felt like we had to chase and coax ABC Baltimore to get the money owed to us from the rental guarantee.

I also like NFCU and Chase takes good care of Vets.