You're mixing apples and oranges terminology. 

A applicants attitude is a key factor in screening out the bad apples.

Yes I am aware that there are some bad apples that do some shady things and those individuals should be singled out and face consequences for their actions, but what you should NOT do is vilify an entire group because of the actions of a few.

Think about it this way, why would any one have invested in Apple back in the 1980's when IBM was already around??

If you're willing to travel to the high desert you can get into deals for below 300k in cities like Victorville and Apple Valley.

 I think you would need to compare apples to apples.  

In short - hottest area now is where Apple is plopping a billion dollars (NW Austin). 

Trying to compare them with Fannie Mae loan is like comparing apples and oranges.

I spend an hour a week (if that on my rentals) and I am getting to the point where scaling from my couple now to 20 or 30 plus rentals will be very doable.Of course this is all moot since you’re comparing apples to oranges.

Apples to oranges.