On one hand there are always more deals, limiting beliefs are what give you the notion there may not be another.

I disagree, however, with the common notion that appreciation is purely speculative.

That was a nice touch.I'm completely unfamiliar with the "showing the unit" notion - if it's for a vacation, I'm not going to see it until I get there.

However I think the notion that "what's good for my particular industry is necessarily good for the country as a whole" is somewhat misguided. 

I do my research, read every day, listen to podcasts and videos, so I have a notion of what I will be getting myself into.I also didn't mention that a rental isn't a must-have, at least not right off that bat.

Any good ideas/notions about where I should be helping them focus?

And it all speaks back to 1 simple fact that REI is a BUSINESS and not just a dividend stock, it is a business that requires ACTIVE management, there is no such thing as passive landlording, that notion is a lie.

But I just wanted to dissuade the notion that there is systemic landlord abuse in Philly.

Mom + pop investors such as ourselves may on the margin be more inclined to buy something like that to get yield, but I would argue with the 10-year Treasury at 3%, and blue chip stocks like CAT yielding 2.5%, they headaches that come with being a landlord are not worth the extra 100 basis points - anyone who has been around this game long enough would agree with me on that, I hope.This notion of "staying on the sidelines" being looked down upon is also not something I particularly care for...asset valuations (and life in general) is not black and white.

There is no such thing to the notion above that the appraiser will use 98% of the sales price.