I prefaced that comment that we can all dream that's my dream I did not say I could stroke a check for it.. 

I have done some stupid things in my life (like getting 6 figures in student loans for a career I hated), but my approach to buying rental property and paying hefty amounts on my student loans was a stroke of genius.

In some areas markets could suffer, however, some markets would go on as normal even hitting new highs.To paint the entire real estate market with one broad brush stroke doesn't make sense to me.One thing that is for sure is to keep an eye out on government policies towards landlords.

It's not just about the people with the disease - it's being able to absorb all the other stuff that goes on in normal life at the same time, like heart attacks, strokes, etc.

Different strokes for different folks.

Then they will have their hand out any chance they get and may not screen the buyers as well because they want lot rent now and if the buyer is a bum, they know that I'll have to stroke checks for the dead beat.

in buy and hold real estate you risk in a down turn is not devaluation of the asset per se. the only risk that presents is if you want to exit and you lose your downpayment money or have to stroke a check to exit.the risk to a buy and hold investor is stoppage of cash flow.. 

Please tell us ONE good thing that comes of that besides an ego stroke:)We recommend an intro as the property manager - which you technically are.

I had a stroke.

I hate painting with broad strokes, but I have yet to hear from an investor buying cheap turnkey properties and owning them for 5,6, 7 years or longer and making money.