I had a goal to invest in 2-4 quadplex but now I am afraid to move forward and take a chance on losing.Deb, I agree with you.The investing stories we see on TV or in the movies are almost always not completely true and/or exaggerated.

Secondly, there are a lot of people who BS or exaggerate what they are doing.Third, the people who are doing this successfully are typically doing the following items: Partnering with others & raising private capital.

I know most of the literature on the topic exaggerates the recession, which serves to get clicks on articles, but is there any data that points to a lingering cold market and drastic price drops ?

I signed up for one of his investment partner deals about 7 years ago and he scammed me for $7,500. it was a contract to invest money in a gold buying store where he promised a nice residual income and profit, however these #s were exaggerated and when it came down to it he gave me the run around to eventually ignoring my emails, calls and texts.  

B. better those same animals that live in the city also run it and are employed by it, in a form of welfare for the unemployable....think in lying or exaggerating?

Get over yourself and if you can't bring yourself to apologize, then at least STFU and slink back to whatever corner of the internet you came from.While I have no idea if the OP is exaggerating (I suspect not), I do know what I did and what I'm capable of and your whole attitude is sickening.

I know where you're coming from, but I think that's a bit of an exaggeration. 

As a new investor, I the more I listen to podcasts (and not just BP's) the more it seems like "if you do your 1st deal, the doors will open up and you'll be able to acquire as many properties as you like, as quickly as you like".Obviously, this sounds ridiculous and I'm also exaggerating a little bit.

Yes, even in primo markets.I am not exaggerating when I said I've had about 20 + offers I sent to three different agents in three different markets the last 6 weeks when they complained they could not show that, this is going to be a problem, etc.

is no reason to raise prices and exaggerate labor time.