Whether or not they have the documentation to prove their case, it could still embroil the landlord in a costly legal case.

I study/learn about 10 hours a day (7 days per week).  

I still feel like in the long term I'm better off with my conservative, cash flowing multifamilies, but that'll only prove to be true if this market eventually slows.

Luckily for me being my own boss and having a slow season (winter) it allows me to study and participate in RE.

Many people would likely benefit from an accountant, but I'm highly educated and I study accounting.

People who sit around waiting for another raise, and when they get it, they start dreaming of what they can buy (literally ran a study the day after raises were announced and you would be amazed how many monitors had new cars, new houses, new purses, new computers, new toys on them...everyone wanted to blow the money they just got before even recieveing it)Everyone has a different "financial problem" although the problem is simple, they all spend too much money on un needed stuffAll of these people are Destined to be W-2 workers the rest of their lives, because they car they drive is a direct necessity to their overall imageThe moral of the (probably poorly told) story is, if you want to be an investor, then you have to think like one.

To add to the comment left by @Lynda Duke about luck, it reminds me of a quote from an all-time favorite book "Would you call a fisherman lucky who for years so studied the habits of the fish that with each changing wind he could cast his nets about them?

More than half say that the few quality assets available are overvalued.I present the conclusions of the study, Trends in the Real Estate Market in Europe 2017, prepared by PwC and the Urban Land Institute:TRENDS OF THE REAL ESTATE MARKET IN 2017The expectations of investors in the European real estate market in 2017 are marked by the lower availability of quality assets, lower economic growth and lower profitability:It remains a very attractive market thanks to the relationship between risk and profitability, but most respondents believe that last year's profit levels will not be reached.Investors believe that the impact of Brexit will be limited to the British real estate market and will not significantly affect investments in the rest of the EU:To the question of which alternative sectors can be attractive for investors, the most frequent answers are: Accommodation for students,hotels,nursing homes,shared service offices.Germany, the United Kingdom and Spain are the three most attractive European countries to invest.

I tell them this when I write the preapproval letters (and I write a LOT of 3.5% down FHA 2-4 unit preapproval letters), but I wish them the best and invite them to prove me wrong. 

Fast forward 5 years, and let's assume what a lot of folks are thinking might happen proves to be correct: there's been some inflation, lending rates are up, and despite my best efforts, I bought in a market that was hit by some sort of unexpected economic drop, so vacancy rates are up, rents are flat (or down) and Cap rates have gone up significantly in the area.