But I have enough resources to still make this deal worth it for me and my portfolio.

I offer what the property is worth to me, because I am the one making the offer.

While they generated some cash flow, I found the effort required to manage them wasn’t worth the return.

It's not the best arrangement, but it's worth it because the data is accurate. 

It is not a scam, but you will have a very hard time finding a deal that is worth working with them, and frankly you are going to have to find someone that does not understand at all what their property is worth and get them to accept a super lowball offer to make it worth it. even then their points and fees will eat up so much that getting the 10% down loan will have a much much higher profit margin. 

Don't scrutinize the money that you are paying these people - they will be worth every dollar if they know what they are doing.

From their point of view they're seeking three primary things:Access to capitalControl of their dealCost of capitalThey likely have a lot of the first two so the only motivation they'd have to accept your money into their deal is either the third bullet. 

.🔥 #3: The Rich Will Get Richer—So You Better Play the GameIf Trump wins, expect major tax cuts for businesses and investors.Expect lower corporate tax rates, more deductions for business owners, and a friendlier tax code for those who actually know how to use it.He’ll defund the IRS and possibly eliminate the “External Revenue Service” altogether, making audits and enforcement less aggressive.This will favor business owners, investors, and high-net-worth individuals.💰 What am I doing?

Ideally was thinking a duplex, triplex, or quadplex to get started and use an FHA loan but I also have a private lender that can possibly help with up to $200k worth of a down payment.

So if your parents paid $40,000 for the property and today it's worth $500,000....your basis "value" in the property will be their 40,000.