And if you are unlucky and buy it just before market crashes, still you should not be ruined.  

Defamation can get you in trouble, or more importantly ruin your reputation.

Analyzing this deal and determining what is possible / profitable will be valuable academically, but buying it sounds like financial ruin to me. 

@Aidan MulliganYou couldn't pay me $10,000 a month to deal with section 8....its not the tenants...its the office staff...its the useless government workers that ruin it.

What they are saying has happened to **somebody** and has ruined lives.  

That being said, while I'm clearly not the biggest Kiyosaki fan myself, I have listened to enough people far more successful than I am who took life-changing risks as a result of reading his material and are in a much better place today than they would have been had they spent the next 30 years in a cubicle and contributing to their retirement plans.For others, of course, Kiyosaki's message led to a path of ruin.

That's why the majority get a and rap, because many ruined it for the few that have a good system.Heck even op said she's not confident enough with rehab numbers to risk her own money, so she rather wholesale vs flip.

Why spend that much time, thought, and energy trying to ruin someone else's life, rather than spending it to improve your own (and your family's, if applicable) quality of life?

We ruined a bunch of clothes (old red clothes bleeding onto white ones because the "cold" water was hot) until the water company buried those lines.

I don't want to be greedy and ruin tenants' lives, but I also need to consider the best most-practical way to do business.