They'd be much better off being a Hard Money Lender and make 5 times that (and every repair to their "investment house" is paid by them...So, if you put $10k down on a property and make $150/month net cash flow your Coc Return (annualized) is 18% which is Very Good.If you followed that and understand it then keep looking for a deal.

Tyler local, so sparked my interest whenever I see anyone post about the area.Given that your duplex is fully paid off and generating a steady cash flow of $1400 per month, it's understandable that you're having second thoughts about selling it.

I hear you, I’m just trying to understand if they are able to do it (especially for $50), then I’d think I’d should be able to figure it out myself.

Let's re-frame this to help better understand. 

Yes, as far as my non-lawyer understanding of the laws read, it doesn't matter that there is an end date in the lease, you still need to provide proper notice if you are not going to renew it.

It doesn't seem this "accelerator program" is offering anything of true value and quite frankly I am surprised someone such as yourself who has 10 years of experience and owns 50 properties would fall for a gimmick.I've had friends and family swindled by the gurus and seminars out there (I've been duped myself before) so I can understand the cynicism, but not every community is just a gimmick.

Understand, real estate may not be the solution you are looking for.

Chicagoland is extremely tenant friendly so understand that going in. 

Can you please help me understand better what potential concerns in your experience can potentially arise here? 

Ensure you have a solid understanding of the renovation costs and timeline.- **BRRRR (Buy, Rehab, Rent, Refinance, Repeat):** This strategy can be lucrative, but it requires careful planning and execution.