Replace "limited mindset, lack of creativity and no resourcefulness." with fantasy, wishful thinking and fluff" on the part of those serving up Arbitrage as if it were a panacea, and I will assent. 

You need to do whatever you have to do to learn to law so that you know what you're doing instead of entertaining the tenant's beliefs, lies, or fantasies.

We do this kind of work regularly to track the market, and the truth is far different than the assumptions from the majority of online commenters whose actual experience in our industry may never escape fantasy.

other wise its no deal.I submit that is mid west thinking and flawed for west coast.The mid west that is what you need to do because real estate really never moves in value and many times goes down over time and or cap ex creates a negative equity situation because values don't rise. so you NEED cash flow to make any sense at all in owning them. plus they are in many instance highly illiquid compared to west coast assets.In just looking at your avatars it looks like you folks are in your 20 to 30's most buy and hold investors have a fantasy of owning the properties for ever.. so for ever is 20 to 30 years. 

Some people live in a self made utopian fantasy that all people on these assistance programs are destitute and unable to work . 

If Alex " I dont wanna contact the sales department" L was the expert he claims he is, I'd be making millions in Y-Town on a weekly basis selling properties for double what they are worth for every single landlord in the city. lol I'd prolly just go ahead and retire in a few months and maybe fly my family down to the fantasy island Alex L is living at to toss some beers back.

Most are not satisfied but in fairness, I understand it has good hype and motivational fantasy.

I tried to start a pool for fantasy football, 10/wk.

., is one person who can testify to the fact that investing in real estate is not for those steeped in fantasy.

Yes that deal might exist in fantasy land, but not in the real world.