There are many people on instagram and other platforms selling courses appearing in a certain image, selling a lifestyle that is not 100% congruent with reality and sometimes reality can strike hard and shatter perceived illusions. 

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

So in reality our MTR rent -- especially in the off season -- pretty much covers the utilities, furnishings deprecation, and another hundred bucks or so, at least in the off-season. 

And sink holes.

@Damon AlbersSounds like these properties are in a class c area and your manager is not doing a good job vetting themBut this is not out of ordinary for c class rentals which is why people look at cash flow and be like wow but one $5000 bill can wipe out 4-6 months of rental income and properties never make money and rarely appreciateThis is why we do not do lower class rentals as stated cash flow vs reality are typically not close

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

While Section 8 appears to promise "guaranteed" income, the reality is quite different.Section 8 typically covers about 80% of the rent with tenants responsible for the remaining 20%.

We see so many prospects who have been told by Youtube or mastermind gurus that multiple LLCs in three different states is beneficial when in reality the costs of upkeep hit the bottom line harder than any benefit.

This is a reality I definitely needed to hear.   

THAT is the reality of it, and my issues with it all.