I'd rather not even tell you because its such an insulting number" I've not had a time where they haven't asked what that number is and I haven't had a time where they got mad about it; after all, they asked for the number after you warned them. 

I might even go to the 3 day but will not buy any expensive advanced programs because I've done my research on BP and talked to more experienced investors who warned me so i know to just say no thanks.

I have been warned by many many people now that they are more of a giant sales pitch than anything else and no one I've met that invited me to one has yet to be interested in working with a "newbie" unless you have a lot of capital to burn.

New investors be warned that you may be getting into something that misunderstand grossly and often times this lesson can come with a dollar sign attached.There are many threads on this topic here.  

@David Bokman thanks for the warnings.

:you cannot control the cleaning agents the tenants use.Shouldn't be a concern as long as you first warn them, and have a proper security deposit.

@Sean Kollee - Not all foreclosures are good deals, be warned!

My broker told me that's deceptive practices and I can warn them to remove it before reporting to the state and cause them to lose their license.

I typically warn my clients to think twice before taking the loan out.

If everything works out in my favor and they do go down, I might even end up making money off the deal if I rent the "efficiency".I know this is an extensive post for a possible basic question but as time is limited I wanted to make sure you experts have all the details of the situation and how I am thinking.If besides of my previous two questions you have any advice/warnings/questions/etc please feel free to let me know.