Many CPA's that post on this website 'tout' finding one that is out of state so you can find that real estate focused CPA.

Why is it that passive income is touted as such a major benefit of owning rental property?

This is being touted as a viable option more often than one might think. 

Many CPA's that post on this website 'tout' finding one that is out of state so you can find that real estate focused CPA.

I don't know which bridges get shut down during hurricanes, I don't know which units are on which power grids that either keep or loose power during storms, I don't know which buildings cater to UT fans and which ones to A&M fans, I don't know which HOAs are strong and not strong....or have gone thru bankruptcy 3x and left their owners hanging.   

It's not a cure all but it sure gets touted as the best way to do all things real estate.  

It also seems odd to me that we all tout the value of RE growing over time (and being paid off by our tenants), most of us also feel like we need to keep working and growing the portfolio until its huge now - which now seems counter to the very premise of it being PASSIVE.

Many CPA's that post on this website 'tout' finding one that is out of state so you can find that real estate focused CPA.

I’ve seen a lot of agents lately talking about the market crashing soon, and using that to their advantage to get people to sell their home. Is that really legal for realtors to do? It definitely doesn’t seem ethical ...

MF cap rates are 3 to 6 these days in better than average assets.If you get any reply's you may get those on BP that will tout there local area and their 10 caps etc.. which many times is blue sky proforma and or when you take PM out of the equation and you self manage and get a better than average buy at the outset.