Lastly, I believe you can learn just as much by simply educating yourself in all areas of the game with the vast amount of free information on the internet.

One thing to remember is that there are certain principles we all follow- but we are all vastly different animals.

This is where multi-family housing in Las Vegas falls down.In Las Vegas, the vast majority of multi-family properties were built before 1986 and are in distressed, high-crime areas.

I suspect the vast majority of home owners have never had a shower head disappear on them.

Are the terms and rates vastly different in your opinion when it comes to refinancing your properties under an LLC rather than under yourself?

I'm not saying a great PM will outperform every owner/operator, but from what I've seen they out perform the vast majority in my market.Don't get me wrong, there are plenty of terrible PMs out there as well.

A market open for ignorant $, will abuse and neglect the vast majority of it.

And keep in mind, this is to an economy who shed a vast swath of skilled labor via '08' GFC and people retraining out of such. 

Today it's a healthcare crisis and there's vastly more liquidity than in 08.Time will tell I guess.

Of course there are plenty of C landlords who convince themselves they were B landlords- and will move accordingly (accepting subsidized tenants, etc.)My market separates the rental classes in hundreds of dollars and vastly different localities.