My  wife enjoys the stability of a steady paycheck although it is steadily not enough(in todays world I believe stable job is an illusion).

Therefore, they continue to only reiterate the only thing they know and form a veil of illusion just because it seems like what they say makes sense.

@Carmen LewisWhen you've got nothing, you've got nothing to lose but your illusions.

Tenants will move when they want so attempting to "bind" them to a term (ie 1 year) is an illusion from the point of view of the landlord.

Give the other person the illusion of control How are we supposed to do that?

That's how I'm approaching this challenge, prepare as you mentioned by learning from others but then taking the leap and inevitably making a few mistakes of my own.Admirable and manly as this list of professional achievements is, there's nothing here about overcoming serious mistakes, about being laughed at, ridiculed, successfully taken advantage of, bankrupted, stripped of your illusions, broken on the wheel of life, and still finding a way to come back from shame and personal failure.You're going to need some of that, Gregory.

The illusion of “guaranteed rent” can be a mith.  

of course, but without the specific on the ground 1st hand knowledge of the situation, as it moves, you would be going into this with the illusion of clear sight...and in reality, blind as a bat.  

Thanks I am thankfully under no illusions, if anything this seems like it will be a long journey that will keep me challenged.

Taking money out of your pocket and putting it into a rental, thinking you are getting higher CF is an illusion.