It's not harsh, it's reality. 

Ideally, this process would be repeated for each of the 4 locations I move to during this rotation program.I am familiar with the process I would need to undertake to make this acquisition a reality and have already spoken with various banks about getting pre-approved for a loan. 

Ideally, this process would be repeated for each of the 4 locations I move to during this rotation program.I am familiar with the process I would need to undertake to make this acquisition a reality and have already spoken with various banks about getting pre-approved for a loan. 

On a personal note, I live in a 1925 "historical" home...translation:  the charm wears off real fast when the reality of maintaining these suckers sink in about a month later. 

In reality, the fed has repeatedly indicated that they intend to keep interest rates low for the foreseeable future (5 years-ish?).

All though in reality I would think a little blurb in the lease that your not liable if they hurt themselves cant hurt.. 

For me I just keep it handy if someone makes a claim you give it up if they never will  ( which is 99% what will happen) you just keep it.Now keep in mind don't follow my advice I am just saying how i handle it as i tend to be self insured for these types of situations and understand the reality of fighting over very small dollars.

All these social media stars make it look so easy in attempts to get you to buy their book or course, but in reality it seems like the hardest part.

The reality is:  inventory is vulgarly low.

@James Peterson has the best answer here especially in this part ""but in the long term, your rate of return will be much less than here in California".I actually did a simulation comparing this two outcome, so hypothetically if you have half a million and invest at one MF in CA and 10 Midwest SFR with 1.4 rent value, the IRR and total 5-year return could be the same because the rate of appreciation in many cities is still 7-10% whereas midwest is 2-4%.However, the actual probability of achieving these numbers in reality, within CA the number is actually much achievable because the appreciation and job growth in CA is more deterministic.What I found is if you can find MF in CA that has cap rate at least 7% and you can rehab it, you're doing good in terms of appreciation and cash flows.