Blindly pushing a false narrative either on purpose or out of ignorance only perpetuates it further.

I've talked with several providers and most of them behave like the old stereotype of a used car salesman. 

Unfortunately, most of the wholesaler stereotypes are well deserved.

Twice as homage to Bush.3- Keep the unaffiliated around to perpetuate the species but don't let them handle anything more complex then cooking, don't educate them, it is a waste of time.Woman takes over the country!

So is buying a negative appreciation property (even if cash flow is positive), and yet I see this from newbies buying out of state turnkey properties every single day here on BP because people perpetuate (and have a vested interest in perpetuating) the absurd notion that you are magically somehow safe from any and all risk if you have positive cash flow day one, and equity doesn't matter, and if you factor in appreciation into your projections you are a speculator.Rent does not equal cash flow and cash flow does not equal profit.

There are many studies that prove that people are less happy when they are regularly in serious financial distress are perpetually worried about how the next bill is going to be paid, or working multiple jobs that leave less time for family obligations (while will add to the sense of sadness/worry) yet still fall short of having enough money to escape financial distress. 

Additionally the failures in NJ’s foreclosure system have some of these houses vacant for years before they are listed and sold, which perpetuates the problem of break ins, burglary of hvac, appliances and copper, etc.

I block that period of time out perpetually.

This is the stereotypical "it depends" answer. 

In truth mortgage insurance can be paid in many ways: Single premium, monthly premium (stereotype), or even split premium which is like a hybrid combination of the first two.