Equity first comes in the form of down-payment, but you can also force it into existence with rehab or wait for it with appreciation.This is why it is so important that you re-invest your cash flow into more equity.

It's easy to see why he is so insecure.

Where I see some disconnect is so many on BP that are so focused on buying RE doors that they basically live well below there means and have all this focus on rentals etc and they miss out on a lot of things there is to do in life..

It is so when you die you do not have to go through probate.2.

I do this as there is so many different ways persons choose to do such, so many different fee structures, so I keep it off and I tell clients UP FRONT to keep that in mind and add what is specific to there situation.   

This is so true.

The estate agent tells me that banks normally undervalue their valuations and that it is great that the valuation is so high (while still being lower than the asking price!)

If what you're doing is so wonderfully pure and I'm just too stupid to understand your mastery of the industry why do you have to constantly lie, mischaracterize and misrepresent to raise money?

these tenant friendly laws seldom matter because the vacancy is so low the tenants want to stay in their units and realize an eviction will make it challenging to ever find a quality rental in this market.  

I also think the market is so slow that if an investor is paying attention they will see a trend forming and can react in before there is material shift in values.