People get washed up because they have the mindset such as, “OK this one more audiobook and this one more seminar then I’ll do my first deal, wait let me do a couple more seminars let me study this for about six months then I’ll do my first deal I’ll be ready then-during this time they’re not getting any money and they’re losing interest as they keep learning the same repetitive routines over and over because every book no matter how fancy the marketing is if it’s about real estate investing, it all touches the same methods.  

This may take months at best to get them out.3) In the long run, economist has done studies that shows rent controlled markets show massive increase in rents. 

And we known there are many more Govt costs such as environmental studies and the like that increase both the cost and the timeline (Which in turn increases the cost even more...)City Heights is Gentrifying, has been for a while, I made good money there in the Mid 2000's, and it's no longer affordable for most lower income folks, period.

This is the real world and I hope the kind of newbies who surf from trend to trend believing REI is just another easy get rich quick gig, they will study real world scenarios like this.  

I've studied 100s of offerings, probably 300 or more. 

Its hard to study on your own and get motivated..

I did a cost segregation study in order to take advantage of bonus depreciation and I have  a couple questions.1.

Been a Special Education teacher for 25 years- trying to retire and have studied real estate investing... realize I cannot do my own flips after buying my forever home after the hurricane... but that is a different story!

I'm currently studying "subject to" financing.

Great case study @Jeff Schemmel!