Although I rarely watch any of the gurus promotionial materials these days, the 40k flip program caught my attention enough to watch the pitch, especially when I saw him mentioning N.E.

This is a very common practice and it would be much more rare for an insurance company to not inspect a property after signing a contract.

An eviction takes 8-12 months and recouping legal fees is rare.

I am not sure why he is so sure about me not able to use all my past losses combined to offset the sale of 1 or 2 properties.

It is very very rare for a DSCR Loan to have a prepayment penalty duration more than 5 years2) Generally this will range from 5% for the entire period, to a "descending penalty" structure which is very common - such as "5/4/3/2/1" where its 5% first year, 4% second year, 3% third year etc. 

@Alex GarridoInvesting in Panama City would work out for short term rentals because you could pay for the holding costs and maybe profit nicely while hopefully the value of your property increases over the long term.Unfortunately, it’s illegal to rent for less than 45 days and personally I’d never suggest anybody gets into an illegal business overseas.I’ve come across a couple rare buildings in Costa del Este who have a permit but, as you could expect, it’s reflected in the price.

The rare times when that happens our economy is in deep do-do.

It is rare that investing money in a property would DECREASE the value, but will this investment increase the value of your property?

For example, I mention that every adult must pay a $30 application fee, pass my credit/criminal background, make a combined income of 3x the rent, and whether or not the property accepts pets.

He was a Real Estate Agent when he was interviewed on the show, and while he built other businesses they were rarely ever plugged.