Misinformation stating that the guru dropped out of school, was fired from his job, failed in his business startup, but when he discovered” the “secret” of real estate investing, met with almost instantaneous success7.

In it's current state, I was getting $1100/mo, I feel I could get $1400-1500 after reno.

Only difference is that California I have 1.5% or $1500 min vs every state as Joe mentioned is the same.

We offer 80% cash out depending on the state the property is located.

Quote from @Jordan Laney: I learned from other tenants that the tenant stated that they were going to intentionally leave the all the lights on in spite.  

As an out of state investor, having Tenants have their own portal to make payments is a must.

What part of the state are you in?

Stop reading if you want.2) I couldn’t guess what “There is a 6 months of grace period before interest payment begins” means.3) They call their $3555 charge a “Loan Fee,” stated a few lines up as 2%. 2% of $235,000 (loan amount) is $4470.4) Do you seriously believe the loan fee, “… IS 100% REFUNDABLE IF THERE IS ANY DEFAULT FROM THEPART OF THE LENDER OR IF THE BORROWER CHOOSES TO TERMINATE THE LOAN.”5) It’s okay to pay an appraiser directly.

Hey Sabrina - it would help to know what state you're in.

I’m hoping to find more success in Phoenix, but as you stated, the old fashioned way may be my best bet.