Ah, reality is setting in.  

Thanks for bringing me back to reality and I really do hope to reach your level one day!

It turned out to be a waste of time when I noticed that the information was not matching the reality that I was seeing  myself and talking to friend investors in my area.

The reality is that multifamily value is based on NOI, so management of the property is the most important component.

Which has been the reality for the past 4 years, but you know what they say--this is not a guarantee of future returns.  

Reality is he's paying .. and you have no expenses..  

In reality, we own 3 properties outright and haven't had so much as a late credit card payment in 20 years.

I use Reality Income (Stock Symbol 'O') for reliable monthly income. 

@Chris Mason  End of the day though everyone knows in CA tax's are 1 to 1.2 % of what you pay for the property .. and if you have a Mello Roos bond even more... so if you bought a 500k home and were told tax's are 3k YOU as the buyer should know this is not correct.. but then again buyers just want to believe..I have seen it and its why sub prime was so prevelant.. no one took the time to figure out the reality they just said   A( whats is going to cost me a month) no other thought.. then when that changed its oh my god everyone else at fault not me.. who should have known how to do very very SIMPLE math.

There is concept... then there is reality.