So, for anyone who wants to go into real estate primarily for cash flow, they have not yet understood the concept! 

Seems like most of them never got the RISK / REWARD concept.

To intentionally reduce the leverage more than required is a foreign concept to me especially in the San Diego market.  

If they the tenant buyers to leave after three years and did not exercise the option, we could either sell it at that point or we could decide to do another lease option with a higher strike price.I guess the key concept is, because we have equity, we have some flexibility with what we would like to do.That seems rather fair, and simple, if I am understanding correctly. 

Another important thing that’s not talked about nearly enough is these markets and the concept of economy of scale.

So much propaganda they only list peer-reviewed medical journals outlining the data and conclusions http://www.dogsbite.org/dog-bite-statistics-biblio...it's not a conspiracy that most insurance companies either do not allow those breeds on properties they insure or the exclude damage done by those "vicious breeds" it's an actual, real and present danger and very applicable to the aspiring and actual professional property manager/investor.

I'm a Realtor with a couple properties listed in Boise, ID and a neighboring town for my investor/client that are currently rented as co-living or rent-by-the-room and getting killer income. (7.3% - 9.5% Cap rate) So far, every inquiry has been baffled by the concept of co-living or rent-by-the-room and immediately ask if they're being run as a halfway-house (which they are not).

I agree wholeheartedly, and if you've lived in China I guess you'll be familiar with the concept of "guanxi" which I think translates quite well to real estate.

It was the second book I read, I have all the notes, I'll share here. https://docs.google.com/document/d/1blQFIKSls6JDHdl7srVMhXd8...The book mostly talks about investing in different states, and how to keep contractors honest, and monitoring renovations, but many of the core concepts are the same.

Thanks for the colleague request.The concept of TDR is fairly simple and straightforward.