Echoing what @Major Robertson and @David C. have stated, you get what you pay for and there are a lot of "scams" (better yet, "under-qualified people, over-promising results").

Shawn C. have you listen to the biggerpockets podcast ?

The point to all of this (to me) is to A)Build up enough independent income such that you're largely immune from needing "a job", B)Have enough money such that you can provide some security for your family,C)Have enough money so that you can provide funds to things important to you (charity, church, etc),D)Have enough money so that you can enjoy things in life that genuinely make you happy.If you are all the way down to D, then I personally don't see what is wrong with it.

B or C?Have

A, B or C ? Have

A deal is when you have:A- analyzed a property acquisition/sale, B - know the numbers, C -have a plan to execute the agreement,            and...here's the most important part...D - you are going to make money on it...and you know how much...and when.What I would recommend you do:1 - Get out of the deal while you still can.2 - Learn what to do...before you do it.3 - Get your financing together before you make offers4 - Get out of the deal,..."

@Justin Holley so these two people brought you the deal because they (a) don't know what they are doing, (b) have no money and (c) have no experience in either property management or renovation but you you want them as your partners?!  

Originally posted by Cheryl C.:Have

Offer 30yr fixed on properties under 50k, and C.) have little to no seasoning periods.

@Gian Chaves thanks so much!