Horrible experiences... 

In my opinion you won’t find cash flow with 20% down unless the property and location are horrible.

And to be clear, not taking your depreciation is a horrible idea.

They are giving you horrible advice.

The online courses are horrible.

Didn’t know that at the time but have since learned by receiving other leads from them that were horrible and from reading about them on BP.

If you're a congressperson and know nothing about mortgages, then all you know is "2008, never again, 2008, never again," and if you questioned an executive at one of these stupidly slow lenders they would say "oh we're just doing our due diligence, no one wants 2008 all over again, after all, don't you know," and this would line up with your preconceived biases/notions, so you as a congressperson wouldn't question it (you would accept it as "due diligence" rather than accepting the truth of it being "horrible customer service"), and wouldn't feel the need to introduce any new legislation. 

If you are using CRES, I would double check things every month, we have sued them several times and they were horrible and charging way too much. 

Some landlords own lots of property but give horrible or illegal advice.

If I do a simultaneous close, there will be no lender involved period.so I guess the million $ question is do REO's allow for transactional funding (using the end buyers funds...NOT a transactional lender((I have horrible credit so I can't get a loan to even buy TP)) in order to do a simultaneous close?