This question is asked a lot and there's a ton of value by just reading those previous conversations.In short, there are pros and cons to the program.

Purchase price: $645,000 Cash invested: $32,250 New to the rental program, this charming 1 bedroom villa is an ideal beach getaway.

I made so many mistakes that I decided to join a program to learn how to underwrite, due diligence, takeover, etc.I was lucky to find a great partner and we used seller carry back on our first deal.

If you buy condos within a new program, the developer may be able to finance though. 

Doesn't David Greene have a Mortgage Brokerage, Real Estate Brokerage, Spartan "Mastermind Program" and books to sell? 

However, there are some surplus lines carriers who write master policy programs for residential real estate portfolios who don't inspect homes in person at all, but just do a desktop inspection while underwriting. 

Many buyers, especially first time buyers on low down programs, just don't have the financial capacity to deal with a major item.

There's a guy who has written a book about it up for sale on Amazon (search "Missouri tax sale") which might have answers to your questions (I have no affiliation with the author).

And don't look at downpayment assistance programs because they all have a catch.

Non-Arm's Length TransactionsNon-arm's length transactions are purchase transactions in which there is a relationship or business affiliation between the seller and the buyer of the property.