It's a common misconception to exclude the big cash flows (down payments, refinances, and sales proceeds) from cash flows and only include the little cash flows (i.e. the monthly ones).

It is a fairly common misconception that the new student properties are cheaper, when in reality a 3 bedroom 2 bath renting for $700/bed is going to go for $2100/mo without utilities whereas a SFH of the same quality may rent for $1300-1600+/mo.

That is very well known misconception inside the corporate finance world. 

@Steve K.undefined This is true to some extent because of course solar panels need the sun to work, but a common misconception is that sunnier places are always better for solar, which is not the case.

Lots of misconceptions in this thread.Service animals, emotional support animals, working animals, therapy dogs are all treated a bit different under different jurisdictions. 

This is a great misconception about the BRRRR method...that when you refi, you get your cash back out. 

To go over a common misconception that Tom came across thinking that you could not use the Series LLC in WA that is not true. 

This is an example of the misconception and misuse of "cap rate".

Investors often have a misconception of brokers/agents.

This is a common misconception and the bad information continues to be regurgitated throughout our industry.