That’s not true.

I just listed my last property for sale, a fourplex in Pocatello, because now I focus more on commercial RE and syndications to be a true passive investor and not deal with tenants and repairs.

If you think the money will come you quick in anything you do you’re better off just dreaming about what you want and saving your money and work for someone else to make their dream come true.

Very true.

Whether it’s true or not doesn’t matter as much as the fact that the industry at large believes it’s true.

I don't think that's true.  

I'm trying to prepare incase this is true.

But the inverse is also true.

True although the fires this year just adds to the reasons to leave California (excessive taxation and regulation, overbearing political correctness, downtowns littered with feces, etc.).

. :)We definitely want to invest in true vacation rentals as well but this will be a good learning process with not as much risk to start.