Everyone is always interested until you actually have to do it, this is true with everything. 

I can run the numbers for NOI-depreciation and this holds true, but not all of the operating expenses are deductible (or at least maintenance, vacancy and cap ex aren’t until that money is spent).

If that's true, then once someone has the login they can use that login to buy movies, PPV, upgrade to 4k, NFL Ticket, etc...

It’s true that it’s harder to find properties that will cash flow once you move out in higher cost of living areas, but overall returns make that a moot point in my opinion because appreciation is also much higher in these better locations.

I wish we lived in a world where people didn’t want to do us harm but that’s just not reality, and as long as that remains true i will be a very vocal advocate for armed, and trained, Real Estate professionals.

This is bogus if buyer and seller are independent parties (if the parties are associated then I understand setting true value) as there is usually a reason for the discount purchase (risk items like unpermitted work, crazy low rents in rent controlled area, hoarder, heavy need of rehab, etc).  

Hey man, great report, however the numbers look a little too good to be true.

That may be true, but don't make those decisions before sitting down with her as a family and showing her all of the properties, what they make, what their liabilities are, what their values are, and where they are.

With a budget of $130k I would make sure that you still have at least 6 months of reserves after the purchase.I would also be careful in certain areas where the cash-flow looks too good to be true..

So, they should have cut yesterday by 100, and they should have cut in July, but they don't want to crash the Markets (their true masters-as they are appointed by politicians beholden to asset owning donors).