As a professional investor, broker and appraiser of real estate with 35 years experience, I would laugh at sections of this book were it not that some readers will put their money where Dawson's mouth is. Errors abound. One small error is Dawson confuses interest rate with mortgage constant. If one is not prepared to feed one's investment, the difference is between making a profit (mortgage constant) and going broke (interest rate).Many of Dawson's statements make it difficult to believe he has ever actually purchased and owned real estate for investment. I can guarantee he has not done so on the West coast, at least not in the manner described or with the tactics he promulgates.Run, don't walk, away from this book.