As a investor / broker/ builder / pilot with 50 years in the industry the one thing that I think is dangerous though is unleashing all these beginners who really dont have the capital behind them and showing them and encouraging them how to get into properties with mortgages is others names and the sellers being to naive to understand the huge risk.  

Maybe this is a Milwaukee thing, but we have a lot who are either not good, cringeworthy to listen or outright dangerous, many of them with 5 star reviews on Google, which is a mystery to me

In fact, the more people you are dividing the bill across, the less RUBS gives you an accurate number for each person.A 100+ unit building without meters is the territory of a slumlord.

Over-leveraging is wildly dangerous in this market we are now entering and beginning. 

He got short term debt and bought at too low of a cap rate and the market shifted; I wasn't too savvy enough at the time to realize the danger. 

Goes with the job, I live and work in the territory I work in.The following things I believe to be true: you could definitely do this; you will definitely take on more risk.Food for thought: building a strong network of folks you trust would be a must.

Like I said, I am trying to simplify my life, so opening up yet more bank accounts when I already have a trusted rental business account with chase for a small timer like me is not territory I want wade in.

Want to feel more prepared the next time I step into a dangerous place like the one I saw today. 

Less desirable and by no means luxurious but not dangerous, no intensive management needed, properties unlikely to appreciate much over time but very attractive from a cash flow perspective.

Everyone just sees this as a way to wealth, when it was never intended for that.Its dangerous to encourage people to "move their investments" into bitcoin as the title says.