Hello everyone, I have seen in this forum a lot of people who have experience and passion.I am also passionate and want to invest in real estate for the long term.

By poisoning the rats, you're letting them roam free into the world where people's pets can eat them, not wise. 

And you don’t want to sell after going through all that trouble and miss opportunity.Here’s my take.  

The past 3 people who did that have either continued to be demanding or have had their contracts "canceled" and I have to work to get the money in the long run.

So we shall elucidate five myths and truths about investing in them.Myth 1: Distressed Properties Are Always Money PitsMost people think that distressed properties require major renovations, which wipe out profit returns.

Holding properties in all cash early in an investment career is missing out of leverage returns.

So you can scale that if you want.FHA is for people with poor credit and very little down payment.

And I 100% believe for average people owning real estate over a 10 year time horizon is the best opportunity to bring wealth, freedom and margin to their life. 

I see people purchasing new STR's here and others dumping their properties or converting into LTR's. 

Hello good people of BiggerPockets.