He wants to sell the house for top dollar so its in his best interest to hype the situation up positively or omit details. 

Helps mediocre accountants hype up their services with glossy graphs showing huge "savings." 

A lot of people heard the real estate hype and bought a rental property.

Lots of people hyping their hometown without putting much thought into it. 

@Reece IovineAgree 100% lots of hype but too expensive.

The problem is that the story was over hyped and too many people did it.

well you cant learn to ride the bike without skinning some knees..your talking about rehab construction and contractors.. any and I mean anyone doing any volume has had contractors / vendors take advantage of them or flat out steal.. bottom line.. and were it gets even more risky is those with no experience trying to do it from 1000 miles away.. they are not snowflakes by your definition they have just bought into the hype of what is soup de jour .. can it work out OK sure it does all the time can it be a dumpster fire SURE happens all the time.

I just had a conversation this morning with a RE friend that warned me about the “hype” of NEW acronyms, books, etc. thank you for taking the time to write this post.

I bought into the hype of gentrification and saw all units have families ect.

I'm sure there are some scattered here and there, but the hype has no doubt driven demand for the area way up (along with prices).