Most people seem to avoid the conversation about all the Real Estate risk takers that played the biggest part in the housing crisis.A few years before the bubble burst I was encountering real estate investors, house flippers, and buy-and-hold participants everywhere I went, my waitress at The Cheesecake Factory, the two McDonalds employees talking deals on their lunch break, the clerk at the grocery store, everyone everywhere appeared to be a real estate investor in one form or another getting a piece of the housing boom.The underlining problem I noticed was during the rush to get into the RE industry most of the people capitalizing in the industry never learned the basics of RE investing and were simply doing what their friends, neighbors, coworkers, or online postings told them to do to get a piece of the pie.

@Brian Naumann  that is the proper course of action.. .I funded a lot of deals in Kokomo for instance you can build a very nice cottage investment business there and not put up with the risk you are encountering in Memphis is simply sounds like you got with the wrong company.. 

Recommend asking for several references and properties they have funded.Be careful as there are a lot of scams out there especially those wanting a lot of $ upfront

A few weeks later they called the board of health on me.I review the items from board of health, and they are very ridiculous.Example, stain on the ceiling (need repair), the toilet seat is old and not smooth (need repair), tenant has no access to the basement, I don't post my contact information in the building ... etc.What is your opinion on this matter if you have encountered it in the past?

As a newbie looking to get back into the game, I gain confidence and find inspiration in every blog post, forum post, podcast, and book I encounter on this site. 

-Do you encounter any issues with refinancing mortgage with lender to put under LLC?  

Sure you're getting what want/need but its a scam and what comes around goes around.

I knew I would have to start building a list of potential buyers in my area so I have been posting to Craigslist and have since started to acquire a list of buyers who want/need seller financing (20+ people).The issue is, I have since decided to not buy the course (because I think it's another Guru scam) and now I have a growing list of people wanting/needing seller financing in the Morgantown West Virginia area.

First you need to understand that you are operating a business and people like her in her situation often try to run the pity scam to take advantage.

Any lender who tells you they are going to deposit the money in your bank account is a scam.