Yeah, I have read that book also.  Their ideas makes sense but at the end of the day, you still have be careful.  Commonsense has to rule.  I read many other books of course, Steve McKnights' thought may be different from what Melvin and Chan wrote though.  I guess we just have to be have a balanced thought. 

I'm also at the moment, toying with the idea of mixing property investing with some shares investing.  Anyway, reading Steve's books got me started in properties here in Melbourne.  3 properties in 3 years.  I started out with only $18000 income (scholarship money) in 2005.