For example, they have not sent us the rent they owned us for the last three months, and here is paperwork to show it is not in our account, here is the contract with them stating they would pay on this day each month, and here is the title of the house in my LLC/name to show you we own the property too.

Rates are high, usually in the high 8s or low 9s, and you may pay 2-4 points on the loan. 

As I'm looking over their explanation I notice that I am being charged 8% of the rent received from CMHA. 8% from the rent the tenant pays and another 8% of the water bill which the tenant pays. 

They definitely are not the cheapest but often you get what you pay for in my experience.

Has anybody dealt with Investors Edge and gotten 100% financing after paying $3995 membership fee?

Hey Andrew, welcome to the Forums.That’s awesome you’ve been learning about real estate since high school—starting early will really pay off.

This leaves you with having to pay tax on the FFE allocation anyway. 

because there are two groups - those who are out buying real estate and doing deals and those who are marketing a lifestyle or dream to get people to pay for something that rarely if ever happens.

Homebuyers will always pay more than a REIT type investor.  

If you have a 10% interest rate on a car loan, then paying that off would give you a risk free 10% rate of return.