When I hear of new gurus I feel like Red... 

YUP minimum requirements.. although you would be surprised how many folks cannot get a bond because they lack credit score.. this will weed out the really poor players and give state a vehicle to regualted those that violate the laws without all the grey area currently.

He was soooo deep in the red ON PAPER, and didn't know what to do.

Instead it looks like a sales pitch that is targeted to unsophisticated investors who are new to the space.If that's actually the situation here than these deals generally have multiple things I can't stomach and is an immediate red flag for me.2) AAA Storage growth: At one point I was interested in this sponsor because of the claimed full real estate cycle track record with little to no money lost.

Any GC that does not work like this is a huge Red Flag and you should run away.2) Also any experienced GC should have theur own state-legal contract that spells out terms clearly and protects both of you.

The best buyers agents provide insight to the market, negotiate to get a better deal, provides clarity to the transaction, steadies the nerves of buyers (first time home buyers for example), identifies problems with the property, introduces a whole cast of players to get the deal done etc.

Because that can be a red flag.  

Watching some of these videos and finding lots of red flags like that which beginners wouldn’t catch but experienced folks will know is b.s.

The ones who bought cheaper properties trying to fix up had mixed results with one getting hustled by a contractor and definitely going into the red.

Most agencies are slow to process paperwork, have a lot of bureaucratic red tape, and it is difficult to get them to respond to inquiries.