He knows his stuff and is really good at making IG videos: his brand is a very clever mix of being super humble, telling everyone profits are less than you think and then flashing some fat $$ he made by selling to his investors.

The 1031 intermediary sets up the EAT (referred to by Dylan. 

Low appreciation, breakeven (at best) rent, and just eating up my growth potential.

Repairs, vacancy, or changes in demand can quickly eat into profits.

This means you are going to eat pretty much all damage they cause.

It’s because home values aren’t rising as fast as they were a few years ago, but the costs associated with rental maintenance are.Since most institutional investors buy homes to rent them out, those higher costs eat into their margins.

Quote from @Renee Adams: @Remington LymanThat makes total sense — having a good manager really does make the difference between “owning a rental” and “running a hotel yourself.”The tradeoff is real, though — that cut definitely eats into the ROI, but sometimes it’s worth every penny for the sanity alone!

If it can be converted/rolled over, then the CESA could own the investment property, kind of having your cake and eat it to.

PMI (private mortgage insurance) can quietly eat into your cash flow, especially on low-down-payment loans.Cash-on-cash return looks artificially high (or even infinite) with 0% down, because your investment is close to $0. 

It just eats into what you receive at closing.