It is nice to see the harsh slant in that article. 

Sorry if I sound harsh, but if you are not getting sympathy from fellow landlords, that could spell trouble in court.

I originally thought about charging $100/day for a late fee (I really hate unpunctuality) but my attorney said that any judge would throw it out as too harsh and that Florida law stipulates a max of 10% of the rent, so instead I revised it to “$50/day up to 10% of the monthly rent.”

This may sound harsh but You are really screwing this landlord thing up right from the start bro .

Cliff like fall for some companies, and harsh uptick in unemployment(real unemployment).  

Sorry, this is going to sound harsh, but I think this whole defining of whether any particular type of involvement in Real Estate is worthy of being called investment is a bit immature and frankly rude. 

If the RTV is around .8% and below, you're either speculating on appreciation or being totally passive on the investment (the high cost of a super PM).This is going to be harsh, but stop over analyzing and focusing too much on the negative experiences of others to validate your fears. 

I apologize in advance, as this is going to sound harsh.

My greatest joy with the 'toys' I buy is in watching my kids and grandkids experience things I was not able to experience at their age.The concept of buying a house and using the cash flow to pay for your toys sounds really good in a guru pitch, but there are harsh business realities that make it a flawed model.

I don't drink coffee by the way but you get my point :) Even savings should be done in moderation, not just spending.As for people on the lower income bracket, sometimes I think we judge too harshly.