It is an illusion, You are all being brainwashed.

First, if you're getting $75/month in CF ($9k/yr), and you put $110k in cash in, your CoCR is 9%, not 9.5%.Second, and this is the number that counts (% mean nothing, and will lead you to illusions), if you're getting $9k in cash back/year, and you put in $100k in cash, it will take you (if all goes perfect) over 11 years to recover your cost (cash). 

I am looking to get some insight and perspective about the RE market and general life in San Antonio.I am from Philadelphia PA originally but after this past winter am looking to move to warmer surrounds haha.No deception or illusions here.  

This way there is no "pie in the sky" illusion about the reality of the deal and what the numbers should be.

They legitimately feel that it would be amazing to sell to us.While everyone just turns off their brains, and work harder instead of smarter just for that illusion: "see I did so much work,  it has to mean I am closer to the reward", but sadly it is all it is an illusion.I rather work smarter, not harder and have whoever that is motivated, come and find me, instead of me chasing them.

I have no illusions of becoming a RE mogul.

After fifteen years, the illusion that they're going to someday rent their (wholly unsuitable) house for passive income while buying a second, even grander and larger house, sets in.

When you look at those areas it's best to stay away if you're a.) an out-of-state investor (like me) and/or b.) under the illusion that real estate is a "passive" way to make money.  

Tanner,It's amazing the number of people on this thread that are sheeple, willing to give up everything for the illusion of safety.

Basically it was a break down by room so ill us a bathroom as an example.