Now he needs to participate in the payout to investors who lost money when the properties they bought through GEG were never renovated, even after they paid for those renovations.I will be contacting the SEC and FTC so they can take care of it.

Start by building a solid team, analyzing deals carefully, and making your first purchase to test and refine your strategy.Good luck!

Smoky Mountains seems to be a solid choice but I wonder about oversaturation and competition in that area?

Some investors think that just because they are section 8 they don’t care where they live, they just want a roof over their head.  

I'm wondering if you think it's attainable today considering your emphasis on "a really good market"?

My CPA takes care of the 1098s.  

If you're wondering if rates are too low, raise them a hair in advertising and see if your number of inquiries drop.

The bathrooms are very narrow so I was wondering if there's a requirement to have a bathtub.

There seems to be a lack of due diligence before properties are listed, and when questioned about the discrepancies between advertised and actual returns, the responsibility is often shifted to third parties.While it is true that there are properties within their portfolio that do cash flow, finding these requires careful due diligence on the part of the investor—just like any investment.

But I also have to have a care.