@David SaundersAt least once a week, someone posts to the commercial newsgroup seeking a way to finance 100% of the acquisition cost for an income property.I suppose it is fueled by the late night infomercials touting no money down deals and using pictures of Class A apartment buildings, never saying the one describes the other, but leaving a strong impression that that is the case.The way it comes across, one would believe that all you have to do to become a millionaire in real estate is to acquire the properties with OPM, meaning Other People’s Money, and then just sit back and collect the big fat checks they like to flash on the screen.

Sure you can make money at tax deeds/liens but in Florida where the guy is touting his wares, you will not get 20% on a lien.  

The more you are here on BP the more you'll read that the experienced investors will tout doing your due diligence, but not becoming susceptible to analysis paralysis.

It shouldn't surprise us that nearly all of the real estate agents and brokers, who have much to gain by the 'there's never a wrong time to buy' public perception - are touting the 'there's never a wrong time to buy' line.After all, @Gadiel Del Orbe - if you want, I'm sure many would gladly represent you on the buyers' side!!! 

I feel he's an ambitius guy but was crazy to view and worse tout to BP and his pod cast the merits of wrap loans to ultimately occupants as a great business model. 

You can search for threads on Morris Invest to see a bit of what the latter looks like.This is the reason that, while many like to tout turnkey as being 'passive', I like to provide a caveat to that: turnkey is 99% passive AFTER you make the investment.

I can tell you without Nick Vertucci and the Radio round table having an hour radio show in LA touting 80 to 120k rentals  YES they sold for more back in 2002 than they do today. 

For example, salesmen tout the guaranteed return.

I've read in several places that oversaturation is occurring in most STR markets and that profitability isn't as great as it once was but those same sources also keep touting the merits of owning a STR when done right. 

However, the rentals are going to be the basis for our income (as they are now, we have no other jobs) so if we got to the point we couldn't manage them anymore, we would probably turn them over to a management company.We have very little leverage as we essentially have been purchasing "cash flow" and of course there's more of that with no mortgage payments.Multi family is touted often on these forums and of course has advantages but SFR is by far the easiest to get in and out of as the market is broad, not just other investors.