But don't put too much reliance on them, we also had someone who was terminally ill co-sign, so we didn't have one for long.Do all of the accounts in question look like consumer debt, not a third party (landlord)?  

A place like San Francisco which has a lot of security due to job diversity might be different than Detroit which has felt great economic pain due to their previous reliance on one major industry.This is just the beginning of a very complex conversation that can go deep into economics, but I hope this little bit of information helps you Armando !

Think of world class athletes, their inner talk, self reliance and self confidence is extremely healthy and that is why they are able to perform at those levels.

As well as excessive reliance on property manager to solve problems, which essentially eat into profits.

Its almost a certainty that reliance on code will have a very negative impact somewhere along the way (markets, driving, automated home, etc etc.), an impact most people won't be able to easily live with despite the fact that its just part of the path forward.

Checkbook control can reduce your reliance on the custodian and even save you money.

There are opportunities to reinstate some loans but a newbie should be careful when putting too much reliance on reinstatement.  

Cardone's main principles are sound.  1. be invested in workforce housing.   2. more consolidated units, more down-side protection. 3. be careful about reliance on your sfr for equity. 

-it teaches you nothing in terms of finding deals-it takes away your self reliance, and your parents may perceive that you owe them for doing you a favor-It will encourage you to take a lackluster or even bad deal because you think you are helping them out or that it is easier -You won’t truly be investing in real estate, just buying a personal residence 

I expect my rental portfolio to still be cash flowing wonderfully for me in 10-20 years, because I've bought in markets that have had consistent tourism and a long-term reliance on vacation rentals as part of the local economy, which long predates VRBO and AirBNB.