Also reading articles that imply that Warren Buffet and many others are investing here as well says something.

Which is kind of our goal as residential REI-friendly lenders: to get them to the point where they're Warren Buffet or Donald Trump, own too much cashflowing real estate for Fannie to handle, and thus can't get gov't subsidized loans but can continue to kick butt using commercial.

I owned this building for less than a year and so far it's been a massive negative cash flow

I will not have to pay a large tax bill, will get depreciation write-off and hold an asset in an area I anticipate to appreciate 6+% over the next year or two (Yes, I am aware the market could have a massive correction any day.

I will not name drop but I mentioned this to my accountant and he told me one of their clients gets only a small amount from banks; there’s a whole avenue of different financing (this client is a massive well known international developer).So I will continue to learn and can’t express my gratitude enough for you taking the time to respond to this post.

Though I agree with Troy, do NOT think that there are no deals or that there is some massive cabal of perfect real estate investors out there that never make mistakes or miss stuff. 

We run a massive portfolio with 1,000's of tenants, many of which live in duplex units built between 1900-1930.

Both the event and the book have been massive undertakings and were very much 2016/2017’s goals for me.

I'm starting with little capital being that I just buy my own house this month, but am looking to take massive action.

Local property taxes in say Chicago will not just suddenly and magicly change - there would need to be conscious choices by policy makers to do the right thing by operating more efficiently.Effectively the property tax deduction has been a massive subsidy from the federal government to the local governments and SOME residents of these local markets.