The kids were, predictably, the worst management flakes you could imagine, born to privilege and completely unaware of it.Because at the time the socialists pretty much ran Greece, I did a number of lessons with high ranking public servants.

If I give a tenant a list of people to call in an emergency, they could abuse that privilege; I sure prefer to always be in the middle of that conversation.

Happy to do so but we will also charge for that privilege.

In your LLC, you've named yourself Regional Director or Account Manager or something similar and given yourself privileges to do the banking, right? 

Then makes him jump thru all sorts of hoops to get them, all while presumably charging him fees for the privilege of having an account with them.

Welfare recipients are a special class and have special privileges eg: income qualifications. 

Once you have all of that sorted it is time to let both of them reapply to remain in the unit.Residency is a privilege.

You all have me wondering how I got the "privilege" of being quoted the amount that was so much more than everyone else.I'm posting this because this was a huge disappointment to discover, and a waste of my time. 

I don’t think there is a clear answer here because you’d have to compare a specific property to potentially an entire asset class, when I buy the s&p I’m buying 500 stocks, when I buy a bond I’m buying a yield but each property is its own deal, what I will say is I think on average real estate is incredibly overrated asset right now (with the caviot that I do think the U.S. debt situation has some significant tail risk long term, and real estate is probably the best hedge against that) but I think to me it’s very basic in pretty much any market you are looking at even with 20% down significant negative cash flow, with housing so unaffordable it seems unlikely we have a ton of appreciation going forward, I can keep my cash liquid and still get over 5% risk free in a moneu market fund with zero effort or risk, I can invest in 500 great companies who can innovate there way to more profits, vs real estate which for better or worse is more of a fixed asset, I also have this theory that since anyone with extra money sitting around or a 401k just throws it into the market you can end up with higher multiple’s than you’d otherwise think vs housing which is again much more set by affordability than sticking some extra money in the market, all that is to say unless I find a deal that has above average returns I’d rather just collect money from some mix of stock and bonds vs paying money each month for the privilege of owning a property that may or may not go up in value.  

I am so very excited and privileged to begin my venture into this arena and cannot wait to meet some of the great people that have called this space home.