The advice is downright bad; not applicable to the average Billy & Barbara, some signs of bragging among other concerns.

Our logical process:1) Use Neighborhood rankings to narrow down area of city you want to invest in2) Focus on getting to know that Neighborhood(s), so you know the good & bad streets, block-by-block.3) Be patient to acquire properties on good streets that meet your buying criteria.Our rankings are done with a "bell curve" approach.

doing a bad deal just to have done a deal will set your finances and your relationship back.

It's probably unlikely anything too bad would happen excluding natural catastrophes but why take the risk if the profit potential isn't there?

Bad part about low money programs people don't talk about, before 2022 this would not be a factor

Brandon Turner's Rental Property Investing book is an excellent primer to understanding the happy path for purchasing a property - however in this market it really comes down to having bulletproof assumptions on rents/taxes/R&M/etc. as with rates as high as they are/inventory as low as it is, there is less cushion in your returns if you analyze properties with bad assumptions.

Walking is just one step in doing due diligence.Making a BAD cal on a $30,000 is one thing making a Bad call on a $300,000 sfh is another. 

Probably even more from the bad deals..Long term you are better off with better real estate.

It's very common for sellers to provide bad infor to brokers.  

Treating people like people doesn't mean you make the relationship personal as Nathan suggests and not all tenants will screw you over whenever it suits them.