But on the whole, no money down is this mystical magical fairy that gurus pull out at their $199 get rich quick scheme crash courses.

its one thing to be a kid and get over your head like you describe.. its another to create a scheme like this..

It is possible, however, it is by no means easy as many gurus make it seem. it isn't a get-rich-quick-scheme and you're not likely to break the bank on your first deal.

There's a couple of central florida meetup groups on there (besides CFRI and GOREIA) that try to get people to sign up for some kind of pyramid scheme thing... so I think a REAL investing meetup group would be great!

This past year we did a lot of grey and white color schemes for our rehabs but we noticed a slow down in sales with these properties.

Most likely he's ponzi scheming you on your own rentals (using new rental money to pay old debts).

Both bidders are aware of this common scheme.

They want to sucker in new people that don't know any better, hoping to further their illegal schemes. 

They add a pop of colour on a sofa, but if you have a blanket on it or the sofa already has a pattern, don't bother. 

Agree with others that $3k is negligible on the grand scheme of things.