Spent a minute on their website and this in particular stood out to me as a red flag.

Columbus has an active following on this website so you are in the right place

If I am wrong in who actually financed your deal then my question is how do you pay a HML back if you intend to hold the porperty. 

Quote from @Ray Forrest: Hi Hannes,Does Raisemasters provide any sort of templates, guidance or content on building a website for raising capital? 

While podcasts, books, seminars, and websites offer general knowledge, you'll buy a specific property in a specific location, subject to local rules and regulations.

If I were you, I'd check out Mike Curadossi's website: https://section8doneright.com/.

You MUST understand this as the suburbs are usually much nicer than the city.All of these challenges are why we have a map of Metro Detroit on our website with the cities in Macomb, Oakland and Wayne Counties listed, as well as 183 Neighborhoods in Detroit.The majority of the 48235 zip code is Class C, the question is, do you understand what that means?

I simply went to Wells Fargo (Wachovia at the time) and asked for a trust account so I could hold deposits.

Please come down and see me and let talk about real estate.My plan now is looking for buy and hold and flips.If your 100% motivated for REI just like i am, come down and meet me.

The state website can also be very informative.