Thus, real estate owners can benefit from both the gain deferral under section 1031 for real estate exchanges and the enhanced cost recovery deductions of the cost segregation study.

Not normally my thing.

Many new investors fall for the "cash flow = rent - PITI" myth.

Aside from correcting mis-reported infomation on our credit reports, "credit repair" is a myth.  

The insurance against pits and rotties etc is largely a myth and you can always find different insurance.

A lot of evolution is a myth, some is very probable and some is fact.

We view real estate as a way to possibly get out of the daily rat race and enhance our retirement so that when we retire in about 20yrs we will be set.

Do my thing and sell it for 5M (after cost of sale). 

@Pat L.Oh my! The

I can honestly tell you that the myth the gurus are spreading around that you can purchase REO properties at 50-75% of after repairs value is just as much a myth and as rare as hitting the lottery in California specially.