@Aaron David Horton - Yes, 100% , I do have a work crew that does labor/maintenance for all my properties but I manage it all.I shoot for minimums of 14% on SFDs and 16% for multi-families.Regularly do well over that, my record now is 32% for a duplex and around 26% on a house (My top house will actually surpass my best duplex when the tenants move out).

So according to that chart, the percentage of people earning ALL income from capital does not surpass the percentage of people earning income from labor under this top .01% of income earners?

@Shaun Reilly I agree the prices have gone up very fast and in many areas have surpassed the 2005-2007 prices we saw.  

Eventually, I surpassed him in properties and knowledge.

It seems supply is now surpassing demand in many hot markets.

Pm company as you thought will have value especially when u surpass 1000 doors.

Punchline, your cost of capital surpasses the yield on the new investment.  

Developments are coming to town over the next 5-10 years that could potentially increase the population of Bakersfield itself up to 3-fold, and some numbers show that within 15-20 years Bakersfield should surpass the size of Fresno, including both cities growth rates.  

A great agent can excite other agents/buyers in a multiple offer situation to surpass their original highest and best.

The house appraised for $200k which far surpassed my conservative estimates!