I have also read and watched Scott's video on this link https://www.biggerpockets.com/blog/biggerpockets-money-podca...

Watch the benefit of hard assets, especially in the future. ya again the cash flow is everything and I dont care if it appreciates or I dont expect the property to appreciate..

Yup then you get newbies coming up after they watch you buy a few and want to buy you a cup of coffee and pick your  brain.. 

I’m not an attorney or CPA, so I’m not giving legal or tax advice, but I’ve watched clients navigate 1031 exchanges by leveraging well-connected property managers and specialized lenders who understood the local quirks.

All the people who do not live there are sitting around in our underwear getting fat on our couches and are like "yeah they are mismanaging a wildfire" and most of us cannot put out a candle never mind a fire - like we are all now experts on how to put out wildfires.... the cow mtn fire in Lake co  Ca in 1981 the fire line was over 10 miles wide and moving at 10 to 15 miles and hour I sat and watched it from my house only thing that kept it from getting to us was the pear orchards. sky is dark as night and ash everywhere and in that fire the temp was about 108 or so.. its other worldly no stopping it.. .same kind of terrain and fuel load as LA vegitation.. heavy brush..

It seems you are falling for the alarmist rhetoric you’ve been reading and watching online.

As you read these books, watch the BiggerPockets podcasts.

I was sent the link yesterday and here it is:https://m.youtube.com/watch?

She had to foreclose on it because she couldn't afford to pay the liens.If you are really interested, go to some auctions to watch what others do, ask questions, and learn.

But… we already had that requirement; houses with four or more bedrooms have needed an approval for extra bedrooms for a few years now.All that to say, I’ve been watching it closely and even I have no clear answers on what’s what.