You do not need to mention them but most people want to have a family, get an education, travel, retire on a good income (early retirement or not), etc.

Most of the profits are eaten up by airplane travel costs.

I spent over an hour and half with a seller on saturday talking about world travel and looking at all the things he has collected over the years.

If you are serious I would look at finding someone local who is doing flips and rehabs.People selling seminars traveling the country do not have the local knowledge usually of getting deals done, bought, and sold successfully.For instance what someone does in another state might be only 30% applicable in your state.

So better to schedule multiple showings for a certain time window to lessen your wasted time traveling to and fro for no shows. 

I invest in RE so that I can do things like travel around the world.  

I know some of us travel a good bit, others serve overseas, others invest out of state/country and have never signed a closing in person!

Payouts can take longer because of the amount of time it takes you to get familiar with the area, travel costs, outsourcing costs etc.

Construction workers, pass through, air line employees take rentals short term, some school teachers, traveling nurses might be a part time tenant.

Marc,15 month's isn't long enough to with-hold a deposit for a new paint coat in entirety, you'd lose that one (unless they smoked cigarettes or crack [seriously] and smoke damaged the property.You could only ensure victory by charging the painting (including prep) cost for the one wall.