That may be true for many, but value-add has its own risks, some of which are being exposed right now: low going in cap rates, reliance on strong market performance to achieve rent growth, typically higher leverage, out-of-control renovation costs, etc.There are a lot of investors that don't want that.  

I see a lot of discussion with people saying they want at least $100/door but I don't really understand how it can be a good metric unless there would be a big value add opportunity with a big cash out (limiting the investment) and/or a reliance on appreciation (which I don’t like).I think there is agreement that $100/door is not a good metric for a limited number of doors, but I struggle to see how it is reasonable even at 100 doors.I would be interested in hearing from people who agree with the $100/door and those who do not agree with the metric.

I still have a lot to learn, but I am truly thankful (and humbled) that achieving self-reliance is not a distant dream.

If a buyer, in reliance on the rent roll, closes escrow and then discovers the rent roll was incorrect, buyer’s recourse is to sue seller for breach of contract.

That's certainly possible, however without the education that you receive from marketing to find your own deals, vetting prospects and processing loans, in requires a very high reliance in the seller or loan broker and perhaps later on the quality of your servicer unless you make concerted effort to study on your own.Funds are a whole different game.

90% of the sellers I work with sell in reliance on it. 

This sometimes means going beyond 100% reliance on a property manager. 

I have always been a believer in self-reliance and the mindless complaining and blaming is not productive.

So it seems like Vegas has certainly figured out a solution that is more long term and AZ is taking steps to mitigate water shortages in the future by reliance on other sources than the CO river, but southern CA may have a real issue unless farms there significantly reduce their consumption in order to favor residential use over agricultural.

By shutting down our own production and forcing reliance on Russia, we are indeed funding their atrocities, correct?