I have nicer Class B properties and it is expected that the applicants have a good record. 

We can only hope future clients get their expected return.

It looks like a great idea on the surface but the numbers don't stack up from a risk/return point of view as far as I'm concerned (it could be different for you depending on your return expectations).

A key lesson was the importance of balancing renovation costs with market expectations.

IMO outside of a few small markets in the southeast the midwest is the only region in the U.S right now where you can purchase property with leverage and still expect a reasonable cash flow. 

So, they are going to expect and want support staff, to delegate to.

Quote from @Paul T.: Thanks to OP for this post!

If you’re expecting a coach to do the work for you, you may end up disappointed.How to Decide if a Coaching Program is Right for YouBefore investing in a coaching program, ask yourself these questions:What are my goals?

You will be waiting a long time - that as mentioned was a black swan event just like when they went to like 18%.Historically speaking expect rates to be between 5-8%. my recommendation to anyone buying real estate today is if you buy, expect to hold it for atleast 5 years 

Clear communication on expectations is key—I'd definitely push them to split that $250 cost at the very least!