They market as “lock in now at today’s prices and reap the benefits later”  but that is just not the reality.

I feel like that sounds simple but in reality would hold up the leasing process for tenants that are not proactive. 

I kinda get it if 4 and 5 bedroom properties are going for 1.5 million in that market but... thats just math wondering what reality is?

Your numbers look good on paper, but do they reflect reality?

The cash flow on paper is often much different than reality.

The numbers may look good on paper, but the reality is very different-lower quality tenants, higher turnover, more problems and less money than you'd expect as a result.

Reinforces the reality I thought we were living in vs what my landlord friends who bought in 2020/2021 have been saying to me ie just do it.

Well it is doing loans for folks who bought sight unseen and trusted contractors/turnkey providers who sell the dream but in the end do the absolute min in rehab work (even though charge for a much better job) and/or sell a buyer on a class B type neighborhood that is  reality a class D neighborhood in an already low income town.

The reality is the land has value.Good luck

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!