Costs have escalated sharply, water up 25%, electric up 30% and natural gas up 33%, and at one property insurance went up 400%.

So there are many more participants at the novice level who may not understand the risk/reward nature of this type of investment. 

Money by its nature is symbolic.

If a man lies about his name, how long he has been in business, and the very nature of his business, what else is he lying about? 

Yes our fund is similar in nature and asset class.

This creates a natural flow for buyers, starting with curb appeal, showcasing the livable spaces, and ending with the layout and lot details.

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.

Facts, real world results, and human nature can't sway them because their understanding doesn't go any deeper than buzzwords and a conviction that if the whole world just thought like them then all the world's problems would be easily solved.  

Some people hold it just because they won't make as much as they want, but then the market goes down and they lose more so you to know the sale and rental market as well as the trending nature of the area.

I think the truth that your post brings is in the level of sophistication and market insights of the investors and investment sponsors that are prevalent on these forums, the amount of money we are talking about, and the general idea that real estate, even when directly owned, is passive in nature.