No judgment on those who use them or who use their methodologies - they're just not for me!  

If you're still learning and this is your first flip, or if your ARV will not pass muster according to USPAP appraisal methodology, don't waste your time trying to work with Lima One, just take the 12% and 3 points from a bottom feeder HML.

As many of you know, the model is you pay a significant upfront cost for mentoring, education  and the ability to invest with the LU group following its methodology (a friend analogized, "LU is investing with guard rails")  There are many other options for passive investing like BPs Brandon Turner and Grant Cardone but I'm drawn to the structured education piece that LU offers with the possibility of future syndication.  

It is so very minuscule and would rarely if ever trigger an audit when the cost seg study is done with an engineering-based methodology.

I love the big goals since I believe in the same methodology.

Anyone can see the difference in booking between established markets, saturated market and Nowhere-landville from the Airbnb itself. so to answer your question you have to have the right methodology to ask question, simply ask the question without doing your own DD and thesis will bring you nowhere.

I have used it personally over and over again.One of the best books to get you started is this one:http://www.amazon.com/Turned-Three-Million-Estate-...It includes a practical, step-buy-step methodology you used to pyramid your money and build long-term wealth. 

@Steven Lowe here is the quote that I am referring to:“Slave customs in ancient Babylon, though they may seem inconsistent to us, were strictly regulated by law.

As for your methodology of contracting with investors and asking for deposit.

The latter link looks like it might be specified to non-profits, government entities, or those employed as an EMT, firefighter, law enforcement officer, or teacher.I am from NNJ, so trying to find some potentially creative methodologies for finding deals!