What infuriates me the most is he targets people in the south and people who go to church, in other words people with traditional values who are more susceptible to his "be prudent, save money, no debt, invest in mutual fund" snake oil.  

When someone clogs the main drain line to the street, which tenant out of the three units will fess up and pay the $200 bill to snake the line?

NO CATS NO SNAKES!

So I paid my plumber to snake it and it was all clear.

Tell me if I'm missing something, but with real estate being ultra rate-sensitive I don't see how the fed can stop this self-eating snake if they are looking to stop shelter inflation.

I am always on the look for someone who can do a variety of jobs that pop up from time to time: replacing doors, snaking drains, swapping light fixtures, etc.

That's big money to me.A PM can fix things immediately that a self manager gets to fuss over remotely, while their rents are in jeopardy:  Refrigerator, oven, microwave, dishwasher repair, heating/air issues, rodent infestations, lock-outs, TV/internet, plumbing, septic, snake in the house, broken chair or table, tree fell over into the driveway, you name it.Everyone wants to say "Gee I'm saving all of my PM fee by managing myself." 

Gurus and "consultants" are raking in millions upon millions by giving terrible advice involving questionable methods, selling snake oil hopes and dreams to all the hordes of people looking for a shortcut to get rich quick.

The professionals usually snake every vent down with a camera, a brush, and vacuum, to show you before and after too!

The key to this strategy is understanding that there is no guarantee that past patterns/returns will repeat themselves (as we all know, there are NO guarantees in investing and anyone who tells you otherwise is selling you snake oil), but the strategy allows you to factor in numerous variables and create the plan that allows for the BEST POSSIBLE CHANCE of success based on your individual needs.