is it a myth?

Thanks,HeathHeath, I recommend reading the book E-Myth by Michael Gerber.

The podcast has featured LA investors before to debunk the myth, "My market is too expensive."

What I do currently:Allocate a bank account from which to pay all expenses associated with the rentals.Deposit all rents into that account and use it to pay rental expensesAt the end of the month withdraw whatever money was left over to bring my balance back down to $10k and use that to pay down my personal mortgage.What I think I should do for cash damming:Allocate a bank account from which to pay all expenses associated with the rental (Done)Deposit all rents into my personal account and use them to pay my personal mortgageAt the end of the month transfer whatever money was spent in the rental account back in from my the rental LOC to bring my balance back up to $10kI can now deduct the interest on the LOC which I'm not longer paying on the personal property.

@Isaac Bazek Atomic Habits, the E Myth Revisited, Rich Dad Poor Dad, Never Split the Difference, The Seven Habits of Highly Effective People, and How to Win Friends and Influence People.

All FIBI meetings support a NO SELLING policy, allowing investors--whether seasoned or beginner--to be free about sharing their real estate passions without sales pitches.Each Pasadena Real Estate FIBI meeting includes organized networking intended to identify areas of interest and possible opportunity, industry experts presenting information and experience on a variety of relevant real estate topics, and open networking sessions to enhance the value of coming together to learn.

Since early retirement from the JOB all subsequent 401(k)-solo funds have been  invested 100% in REI with exceptional returns.One of the better more recent articles I've read on the myths, pros/cons & reticence to do so was this one:https://www.investopedia.com/a...

There are synergistic enhancements to a workflow that can only be performed when a group is working together in an office.

I cannot reform the whole industry, but I can absolutely control what happens within our doors.The Myth in the Math:INCOME (estimated):Average rent in our market is $1,200 a month218 doors X $120 per door = $26,160 X 12 = $313,920Most of our residents stay 3 or more years.

I want someone who is interested in developing themselves as well as the property and I want to provide all the tools necessary to enhance the ability of the steward to start their own business.