Please also be wary of "advice" here that sounds a lot like housing discrimination against section 8 tenants in particular.Doing your due diligence about any and all applicants is a good way to avoid being "seduced" by a terrible tenant who "seemed so nice", as much as it prevents you from rejecting a great renter with a great track record, who may be falsely stereotyped.  

Some good advice from @Michael Haynes above - a couple things worth calling out though:- The idea that you can't have friends or significant others and be successful is totally false- run down a list of the wealthiest and most successful people in the world, and count how many of them are single.

If you go over 200$ your setting false expectations for the market.

Some writers and fund managers have called falsely for crashes hundreds or even thousands of times, and when they get even remotely close they start yelling "See!

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At this point, you can't contact your contractor due to a peace order with false claims or find another contractor because it would be in breach of the contract. 

I feel this horrible situation is kept up by the false belief that agents are taking care of you, when in fact they likely only present you with properties that give them higher commission.

That is another false belief that people will call police and they will arrive in time to get there so no worries.

But this idea that building new starting new Class A for $200k a door now is advisable, I think that is false.

We're funding in excess of $35mm a month in short-term, construction loans, so we're doing something right.As for the idea that some construction manager builds your rehab schedule is false.