Maybe the real life frustrations and practicalities of being a landlord will change my mind, but from everything I"ve read and looked at, I feel as if I'm prepared.

I just find it frustrating that a home with $120K in equity is being sold at auction.

Sorry to hear about your troubles, I've had the same happen to me in the past and it's beyond frustrating. 

Too many frustrations to type out right now because I don't want to get riled up before bed, lol.

Hi @Maggie Hayes, I'm sorry you're having these frustrations! 

buying new  construction can be OK cut  also  frustrating  due to  1) delays in timelines  2) many  decisions  regarding  options  for the home   3)  many  non refundable  deposits  required  well before  getting the  house   4) cost  overruns   5)  having to  wait to  lock an  interest  rate  - interest rate risk....if   they  go this  direction  maybe  try to  have  them  find  a property thats   close to being  finished  instead of  starting from  scratch

Instead, start telling them how tough and frustrating it is, how it will likely take months to do that first deal, how it will require visiting hundreds of houses and talking to hundreds of buyers and sellers.

I was that frustrated trying to figure things out lbs.

Agree with a lot of this - one of the most frustrating things is the mainstream "wisdom" and messaging that inflation can be caused by monetary policy and the Fed only and that somehow fiscal policy and other political decisions have no effect, when I think the opposite is mostly true.Worried inflation is back on the upswing primarily due to energy costs which were suppressed this last 12 months or so from SPR draining.The upside(maybe?)

People have been so down about this, it's kind of frustrating to see how people are debbie downers.