I wouldn't doubt that it is "real" in that the ad revenue from the TV show makes deals work that would otherwise be unworkable.

Some people my age knit or watch TV. 

If it’s dumb I guess it’s no big deal, but I think even a short series might help a few people and that would be worthwhile.

I would start by watching their five part "Our Story" series, as it covers a lot of mistakes they made.https://www.youtube.com/watch?

As I recall, if you took out, say $50K, then the allocation of the two properties is $220K and $80K.Now, figuring out these 1031's can get complex as most of the course I took involves doing series 1031's where you trade a property in a 1031, to another one some years later in another 1031, and so forth, and then another one, where you actually own one physical building but on your books, can be several, each with it's own depreciation schedule on it's final sale, can have two or more separate depreciation recaptures calculated.

That's the problem with EDDM, radio, TV, Billboards, etc.

https://fred.stlouisfed.org/series/ASPUShttps://alfred.stlouisfed.org/series?

I have done a bunch of houses at this point and nothing ever happens as fast as you think it should, much less the way you see on TV.

The TV shows do not show the true world that investors live in each and every day. 

There is a living room, dining room, kitchen, tv room, laundry room and full bathroom.The basement is finished, and has a bathroom with shower stall.