I think 10% is just an illusion of safety for you.But that is just me.If I had a deal, I rather tell the seller I am cancelling the contract than giving in to greedy people (not accusing you).A good deal is a good deal, and there are legit ways to handle risk... basically eliminating it as much as you can.By doing due diligence on the house.All such things like "skin in the game" does is create a false illusion of safety.This because, me ALSO having something to lose is not making the deal any safer.

I think HML started to market at PML to give borrowers the illusion of cheaper rates easier terms etc etc when that simply is not true in practice.

It is all liability.So the whole passive income is an illusion to me.

Stop mourning the tragic loss of your illusions. 

And is cheaper to run" The tenant had gone out and bought a bunch of window units under the illusion they are cheaper to run.

I get it.. you can combine filters and increase the likelyhood the resulting list will be of motivation.That is an illusion.

I have no illusions it is a grand slam, but I think it is something I can cut my teeth on and I am excited to move forward.

So the seller has no illusion that the optionee is required to purchase his property, he’s merely getting some cash for giving the optionee the RIGHT to purchase within a certain timeframe - IF he chooses.I think those that are both experienced AND well capitalized have a chance to survive with either of these two scenarios, or perhaps another that complies with the new rules in effect.  

The market has changed, but if you're flexible, there are still plenty of ways to invest.Paying a higher DP (30%) to turn NCF into PCF is an illusion. 

These fees can add up quickly and are more illusive than your typical acquisition or promote fees.