Those of us who expect a return of $400 per hour on any RE site will be a little hard to justify, IMO and if that's the case, some will be broke with that assessment.Too often, especially from the younger generations, tend to expect instant gratification for their efforts.

Think long term and delay gratification.

Landlords that are blatantly violating the law (slumlords, sexual harassment, violence, etc.). 

Remember, you have to dummy everything down for people because people want instant gratification.

You're literally forcing instant gratification when you're at the 20 yard line.

Can you delay your gratification?  

Maybe it is the world of instant gratification that we now live in, or maybe it is just plain old greed, but either way it is NOT the correct way to run a business.

It's just a long-term strategy and involves some delayed gratification if you pair against  the insta-projected-cash-return of a turnkey property.Yup, and that "different math" may not necessarily be ALL in their favor ... some of the math may work better for you than it does for them (though honestly it mostly works in favor of experience with scale) ... you can seek out deals that require more legwork than they are willing or able to put in, or are too small dollar wise to attract the big investors.

Maybe this article on the biggest key to financial freedom will help (it's the ability to delay gratification fyi): https://www.biggerpockets.com/renewsblog/2015/06/1...And the article I wrote on all the benefits of buy and hold real estate, especially as your wealth starts to grow exponentially, may help: https://www.biggerpockets.com/renewsblog/2015/05/1....That being said, you don't want to live like hermits in a broken down shack.

The actual sacrifice would have been limiting my future for some immediate gratification...