Find solid contractors, ****** ones take a long time and give false promises

Literally, everything you are saying is false, wildly offensive, or just ignorant.

Is this true/false and can you eloberate?

There are a lot of coaches and gurus out there selling false hopes and opportunities.

From the options available on a profile to "cancel" subscriptions https://www.biggerpockets.com/settings/subscriptions..False Option 1, "cancel Subscription":https://www.biggerpockets.com/before-you-goThe cancel button literally does thing.

It's a real problem and can only imagine the number of investors out there who are operating their businesses recklessly under the false beliefs of protections of an LLC created and stored away in file cabinet. 

I cannot imagine paying $40k in insurance every year, that's absurd!! 

You even indemnify GPs against false claims and sign to cover legal cost.

In court they call that "false testimony".

Any sophisticated and honest real estate investor would know these cap rates are ridiculous and you could easily verify their absurdity with cap rates of comparable properties that have sold.