I have no illusions that my tenants will venture down there and frankly I'd rather they not.

, this seems like a good plan to me.Personally, I have no illusions that I would buy the 40+ properties I'd need to live off the cash flow.

Way I see an LLC now is an illusive firewall between me and a lawsuit, but that may change as I learn more.

Simple self interest (avoiding the cost of vacancy and eviction) dictates treating each case according to its own merits, and I have no illusions about being in it by myself.

I've stuck with banks so far but with 4 loans now, I might be forced elsewhere soon.Bottom line private lenders are just that people you meet in person.. they do not advertise. ( Rare exceptions) and if they do then they are HML there has been a shift with some HML to say they are private to give the borrower an illusion of cheaper rates.. 

Inside, I really like the current open concept, but think a pony wall (Image 4) between the two patio doors can create illusion of separation between front entrance and the patio door, and separate the entrance hallway from the kitchen while maintaining the open concept.

However, the ones that are intelligent and capable should not skip college because they have romantic illusions of becoming an entrepenur or real estate mogul either.

Job security is mostly an illusion, betcha plenty of people at Lehman Bros thought they had job security up until the end. 

Ill use your list when remodeling my properties and outsource the "not so fun ones" haha

I am under no illusions that I will not be sued personally for these self managed properties despite my prop management LLC.