\it has not been all wine and roses I assure you.. but when you hit a good one its pretty cool.. but Atlanta Man that was a missed opportunity.. but investors had such a  If it does not cash flow its not worth anything mentality then..

So we fired up the computer and ranked all cities in Massachusetts on average rental revenue as compared to average property costs, and prioritized them based on distance to our home in Waltham.

I live in Oakland (SF Bay Area) and the prices are absolutely mental.

Hobby landlords rarely understand the business, tenant mentality or their market.

That's the mentality that this Great country was founded on.

If I am to loan friends or family money, I mentally consider it a gift and if they give it back, great, if not I just don't loan again but wouldn't want to ruin a relationship over it. 

I respect your opinion and it is readily apparent that you are educated in investment real estate, but I would like to hopefully change your outlook about an industry that has a lot of hard working people with the main focus of providing a long-term investment with a service to help alleviate the active involvement with the process that some people associate stress with in regards to real estate investing.Before I address your points, I would like to mention that every industry unfortunately has companies that are not as trust-worthy, or are in it for the wrong reasons focusing on a deal by deal mentality, which sets these companies up for a very short life-span.

I would prioritize finding an accountant who specializes in real estate taxation over one that is local.There are 20+ accountants on this message board who specialize in real estate taxation.

In the end, I agree with @James Wise that the show didn't portray the whole truth accurately which is disappointing and the mentality it generates in the public is not good overall.

Market here seems mental, people who shouldn't be in real estate rushing head first into it.