I was shocked as I thought it would be very simple (which it is), but some syndicators will use funny math such as not counting fees, placing expenses on a quarterly or yearly basis when using IRR (backloading to end of year). 

The easier you make it seem and the faster you promise riches, the more clients you will see.It was shocking to me reading the lawsuits filed between this specific educator, they have 30k contacts in their CRM.  

Even though the price was shocking to me I do not have an issue with paying for this if needed.

You’d be shocked by how little actual screening many PMC’s do!

Capex and tenant issues tend to exceed cash flow and when you decide to exit after a couple of painful years, you are in for another surprise:It is shockingly hard to sell cheap homes! 

@Patricia Via sticker shock is everywhere!

I knew quite a few builder developer high flying RE agents that had leveraged themselves to their eyeballs.. this is not shocking or new.

I'm honestly shocked that they're still fulling operating.

I then do a search for the “real owner,” and get their phone number and they are shocked when I call them."

A shocking 0.001%.