I've gotten nickled and dimed, had sub-par work, and had people outright steal from me.

And believe me there are going to be schemers and crooks go at this big time once they figure out how little it takes to get into title and no real consequences if they default and they can rip rents.

Thanks for sharing Joe, I might steal that spreadsheet layout to organize my investments as well!

Are they crooks?  

Thus making it so actual buyers and sellers no longer need to subsidize those who steal time from agents.

The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

They steal peoples money.

The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

You can get better tenants and they should be the first neighborhoods to gentrify from Class C to Class B:)There will still be breakins and tenant-caused damages, with bad tenants even stealing the mechanicals when they move out.

I've had them steal the entire ad and drop the price in half and try to get people to wire them the deposit.....meanwhile I have people showing up at the house and calling the number on the sign wanting to setup a showing for the $600 house they saw on craigslist (even though it's a $1,200 house).