But constant churn from the tenants in the high yield areas will definitely disrupt your life (and so will a $6K make-ready).

On top of that it's heavily fragmented and being threatened on several fronts by disrupters and other external forces.Glenn Sanford's goal was to redesign the model in the cloud-based era to minimize overhead costs (brick & mortar, redundant staffing, etc) while improving services & compensation  to provide a value proposition for agents that is so strong it would be "irresponsible" (his words) to hang your license anywhere else. 

The rents support the mortgages and we’ve pulled equity out to keep a solid liquid position to absorb any kind of disruption.

It has taken almost 25 years for the disruptors to disrupt but just think how did Amazon get to where they are in a short amount of time, where Sears had a 100 year head start. 

I wouldn't wait that long if I disrupt have to.

This type of attack should be enough to disrupt the real estate markets.

They seem to stay where they currently live, unless there was a disruption with the family or property.  

In my opinion, more ethical marketing methods include SEO, postcards/letters (which I do not find disruptive... the line is rather or not the marketing interrupts me. if I am already processing mail I don't mind eyeballing a few wholesaler mailings per day while I'm doing it), building relationships with realtors and others...

You also don't want to disrupt the compounding interest that the 401k is producing.With respect to FHA, I purchased a duplex using an FHA loan as owner occupant in Virginia and the process was seamless. 

Redfin and others are trying to disrupt the industry, for better or worse, with a new business model.