I have seen schemes like that and they are demeaning.This course teaches you how to approach real estate investors, offer them financing for their ventures and then find that financing. 

I am concerned that it is a ponsi scheme.  

Looks like your classic Ponzi scheme.

Licensed with permits ~$3,250.HWT standard gas single family low efficiency without exhaust retrofit $900.Sand and stain hardwood floors, natural stain $3 per sf.Paint interior walls, ceiling trim and doors 3 tone paint scheme 2 coats $3.20 per sf (floor area cost includes paint)Click lock LVT flooring install overlay inclusive of prep and quarter round $4.50 per sf (materials and labor)Asphalt roof installation 3/1 - 800 sf bungalow with 2 layers of shingles - ~$7,900Standard porch cap replacement with 2 new precast concrete steps ~$2,500Used stove or refrigerator delivery and install $350New stove or refrigerator delivery and install $HD model specificUse this as a general guideline. 

I always buy something I could see myself living in. not necessarily the colours, but the location and size of the home and the condition.

Sure, mortgage insurance eats into your cash flow a little bit if you're putting less than 20% down but in the scheme of things it's really not that much.Also, you won't have 20% equity in your property in a year assuming you put 10% down unless you are forcing appreciation or you somehow get some high market appreciation.

Ponzi scheme for sure. 

Being a landlord is not an overnight get rich quick scheme.

Try to rehab a house 2,000 miles away with no money as a beginning investor.I basically had to run a pyramid scheme in order to finish this project.

In the scheme of things, that's sofa change.