If this is true, I'm not sure it will align with my lifestyle since I plan to live in the property for a year or two.

That is true here in Columbus OH because companies like Intel, Google, Facebook, Amazon, etc are all moving out here.

Is this true?

Now you may say if the company goes belly up debt gets paid before equity, which is true, but since we do not have any debt against the loans, if we had to sell off the portfolio it goes to preferred shareholders first and any profits to common shareholders after that. 

Everything I was being told sounded too good to be true and makes me wonder why most people aren't doing this.

Toledo is notorious for bad operators and poor quality of workmanship in many industries.Wishing you much success 🙏🏻  It's ok being a copy cat as long as you copy the right cat haha Haha that is true 

Is this true or just a rumor?

True, the banks DO have trillions of dollars lying around but they aren't lending it because they can make risk free money by buying treasuries from the Fed at lower interest rates.

Great terms - watch out for stuff too good to be true

I would never say that unless it was 100% true in a given situation.2.