But is it still true?

That's simply not true.

So far, I have been fueled by passion and determination but I do not have any mentors and have not had a lot of guidance at all as I have obtained these properties.

This should be 3-5 quotes for you to get an idea of the true number for fixing it. 

(insurance kills) Hey Alex, does this still hold true about minimum 20% down for dscrs

This has been my strategy here in NOVA as well - though true multifamily housing stock is hard to come by as you are probably already aware.

Lots of books have had a huge impact on my mindset and fueled my passion for growth.

Paul has started at least 3 separate threads in the past few days announcing to the world the success he's having with section 8 rentals and repeatedly reminds us he doesn't have a clue how to calculate the true operational costs associated with these properties. 

I've been taking RMDs each year as required, and to think that now I am allowed to empty the remainder of the account and move it into my personal IRA without paying taxes on the distribution.....well, that seems to generouse to be true from the IRS....

I have an opportunity to get into a property that doesn’t have any true equity, but the terms are really good.