I bet, though, that within the BP community, those of us who are pursuing REI as a means to lifestyle freedom might argue that those irrational reasons are perhaps the most rational reasons of all!

Finally, I would argue in favor of a true 5-6% COC return on the northside in the right neighborhood.

Similar to Michael's comment, surface level this makes sense, but I would argue it is very over simplified.Good operators (operators in my mind are NOT asset managers, but property managers) will be able to efficiently manage a small property or a large.  

Which some will argue will open a new employment can of worms.

If you can only buy a dozen eggs, but all you want is 12...don't argue. 

Which a lawyer could argue is 1-3 days a year. 

I would also argue that they have the largest market exposure.

However, some people could argue that with time rent goes up and if you have negative cash flow, if you hold it long enough, then there will be positive cash flow.

Anytime you have to worry about getting in trouble, you ARE doing something wrong:)  I have some of these idiots emailing me, arguing, etc...because they HATE the fact that I am providing FACTS---Florida statutes...which proves they are the FRAUDS AND SCAMMERS I have alleged they are. 

Since both Real Estate Agents and Mortgage Brokers are paid commission, you could argue that both Real Estate Agents and Mortgage Brokers could give up their commission, and get the buyer a better price on the home or a better interest rate.