People want to crush it like 21 or 22 but that's not reality.

A number of cheap homes in less desirable areas will look great on paper, but in reality they are not. 

@Kristi KandelI was just letting this person know the reality of their situation.

In reality, the IRS has WON in tax court converting passive LTR to STR!

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

You have to consider the numbers, then compare that to reality.

Might be an irrational market with anticipation exceeding reality.

It’s a catchy fad but will pass when reality sets on.

People who have no concept of the realities of this business have some castles in the sky beliefs that they will get rich quick with no personal effort on their own simply by owning many rentals.

I feel like people lean more towards the possible cash flow and turn a blind eye to the risks and reality of owning a D property (not saying this one was) when it is 1,000 miles away and they only have to take phone calls from a third party about any issues.