Don't let people's opinions (uniformed utterances) cause inaction on your part...

I mean, real action-takers.  99% of people in this world (I have 41 years of life experience) are completely and utterly flaky. 

@Deanna McCormick, whoa, chill out.

makes a super point of buying in an area that is utterly stable great tenant base 1% or less vacancy factor..

Then you've got other folks coming on here likeFIRE THE PMBURN THEM AT THE STAKE YOUR THE OWNER YOU MAKE THE RULES Dude ya'll need to chill out.

I'm happy to report the now 9 unit legal property has had some good long term tenants continuously since the renovations were completed after old tenants were gone.One incident that did give me chills was another fire, this one in a SFH, split level with a partially finished basement.

@Ann HowellLet me start by thanking you for sharing your experience in the forum.....It is indeed a learning point to us all in this community.I attended the webiner for the Birmingham TK in which Marverick promised heaven and earth, guaranteeing investment outcomes as if the had a crystal ball, Well, I felt it was oversold and probably over marketed...just like any other 'shows' they put up for other locations, including phillaldephia.By the way, Marverick is just  a marketer and does not own any property anywhere.......Although extra due diligence may have saved the day, but I do not utterly blame you for not extending due diligence to the seller; after all, Marverick guaranteed them...but needless to say, guarantee is as good as the guarantor, and from this story, am not sure Marverick has much of it.I am happy you finally got an investment property although as a much higher and painful cost.Of greater concern to me, really, is the place of law in seeking redress here: 1. if forged documents were used to close on this property, are there no legal implications? 

The key is having clear rental criteria, screening tenants in the same manner, and not doing anything that would have a "chilling effect", such as making a comment that could be construed as discriminatory against a protected class.Fear not and sleep well.

I myself actually paid $10k about 5 years ago to join a Guru/Mastermind and it was an utter waste of money and time. 

However if they do fall on their face that could have a chilling effect as well.There are plenty of players out there though.