And have known or done business over the years with many of the speakers..

Don’t forget about direct mail campaigns as well.

It also includes managing your existing investment well to ensure you aren't bleeding money due to bad tenants, excess maintenance, etc. 

This is known as "margin".

Make sure you do your research as well. 

So, if you have 10 units and you are going to pay $1,500 a month and you are working on an active income job, too, this is an easy switch due to the labor mentally and physically (even if it is just phone calls) to get these rentals running as a well-oiled machine.  

It is easy to provide well-intended 'bad' advice.My questions to you would be... 1.

(Unless it was a rental, then you have to pay depreciation recapture as well, usually at 25%.) 

They don't communicate well, don't take responsibility for their actions, do not clean or maintain homes well, and will shaft you when it's time to leave.Other than that, it's a pretty good system.

If it would concentrate on rent collection only and do it well, it might be okay.