Too many newbies from the coasts have been lured into false illusions of out of state cash flow over the years.  

The roof looks like it might need some work, but that could have been an illusion from the pine needles.

Regarding reason number 1, if most people think they are dealing with a professional property manager, pay their rent to a company and not me personally and don't know that the person they see and talk to also happens to be the person that owns these properties, than I have already created an illusion to them that they are just dealing with the management company and most will never really wonder who actually owns the house they rent.

Unfortunately, once homeowners go into the forclosure stage many of them have illusions of granduer.

Ill use a home I passed on (I think it was good deal) for an example.

It's not necessarily the money that's driving me to this field -- it's the personal freedom I'll have once I'm set-up: 2-3 month vacations and long weekends at the beach.I have no illusions that this is a get-rich quick business.

But I also know that in reality it won't be, I have no illusions about what those guys on late night infomercials pedal.

Ill use the market to determine how to fix up the property.

A lease is an illusion of security to a landlord.

If it's to get a higher cash flow per month, it's an illusion.