I've explained the financial reality that we cannot afford a mortgage on the house he would want in the area that I want. 

the reality is this is just wholesaling.. its how wholesalers operate or are taught to operate.. get something in contract . then re market it like you own it. 

But the reality is that after the creation of the LLC in most states, the Series LLC immediately came into the game.

Most people in my market are using 5%, but the reality is that every building is a bit different and you should take into account certain parts of the building that are potentially not well designed.

Have you found this to be reality? 

One of the lesser-known dirty secrets is most reality show airtime (on HG and others) are paid for by the producers to the network (rather than the other way around).   

worst property in best area.. not great property in a poor area.we were the second new construction in that part of historic charleston sc.. and paved the way to a huge influx of new construction .. we sold that one to Shep of the Southern Charm reality show.. and now 30 new builds later we have a nice foot hold there..  

This does not just include reality TV either; A-listers like Ellen, Jennifer Anniston, and others are joining the trend.

I'm curious whether or not the technology of today will eventually be infused with our contractors and subcontractors and the life work on a project that allows people potential buyers to see what a house would look like given certain options on floor plans to just be with ditions or adding certain cabinets or colors in a virtual reality type of setting.

Don't leave anything out or you'll be disappointed when reality doesn't match spreadsheet theory.It's simple to see why low rent to purchase price ratio results in poor or negative cash flow based on the numbers.Most Class C houses run about 40-50% for expenses, vacancy, and CapEx.