I reeeeeeeally wanted this to be true, too, I wanted to believe him so bad.

I use True Books for my real estate tax planning and execution.

They cited insurance reasons, which could very well be true, but many residents felt it as a big "f you" Now folks from outside the community could argue this was an entitled stance from the residents, to feel they had access to this private land when they didn't, and that on the face is certainly true.

Value and rents should eventually increase to turn cashflow positive and build your wealth.You're next learning experience will be, now that you are out of day-to-day management, how will you be able to handle the inevitable expense challenges?

The challenge again, is the prices around here.

It might be true.

This not true, mathematically.take this hypothetical: Current DTI-35%- $3750 Debts/$11,000 gross incomeadd a property that PITI is $4000, Gross income is $6500($2500 positive cash flow), now your DTI has grown to ~44%...$7750 debts/$17500 gross income

What are the challenges of passive investing as opposed to traditional real estate investing? 

Quote from @Jeff Rich: It would be great to have the app back. 2 votes up, I'm 100% mobile and the site on browser mobile is umm "challenging"  Maybe at least make the site more mobile friendly?

If cash flow means you make $8 more than your mortgage payment in month 4, awesome, you have $8 for that month.But.... if you factor in closing costs, make ready costs, leasing costs, repairs... it's typically years out until TRUE cash flow, with a value add or a turnkey (unless you absolutely knock it out of the park with a BRRRR and then somehow cash flow after the refi, which I guess is possible but very unlikely.)