Amazingly, they suddenly figure out that they happened to leave some spare rent money under the mattress or their rich uncle left them a bond they can cash out.

Making wild claims about the easy riches available with no work and almost no capital.  

well, the crash in san francisco market is precisely because of that, so many startup has receive no funding making people or young engineer has to sell their luxury condo in san francisco, a condo that used to be 800k 3 years ago is now 400-500k-ish, however the other area seems more stable even we got more bid for single family, it seems, an asset that is rich in bid and appeal to family with good school such as basic 3/1 would be just fine.... 

looks like someone is getting ready to start their next get rich quick seminar...

Quote from @Chris Rich: Quote from @Jason Strauss: I am moving out of my primary residence of 5 years, and transitioning it to a rental property. 

All work, no pay.If you want to make money, stop trying to chase get-rich-quick schemes or working with shady businesses.

Don't expect it to be easy or to make you rich quick.

I met an “investor” back 20 years ago at the RICH Club (Realty Investment Club of Houston).  

The best path to financial freedom is to keep working your A** off at your day job, buy safe investments in good areas, and get rich slowly. 

At that time I was property rich and cash poor, but upside down there as well.