What I have seen is commingling of accounts and Ponzi schemes.  

Sometimes a plan takes the mental pressure off. 3 years sounds like a lot but it’s nothing in the grand scheme of things.Do you want kids or already haveThem?

I'm leaning towards just having a few rental properties by the time I retire, however having the cash to start an infinite BRRRR scheme seems like something I may regret not doing.Let me know what you think!

They were selling unregistered securities and operating a Ponzi Scheme!

If anyone has been schemed by them (as I suspect there may be as many as 17 others) please reach out to me.

Another thing to add to your topic list is debunking Tic Tok get rich quick schemes. 

Just know a headache will eventually come, but a plane ticket isn't that much in the grand scheme of things...

I see you bought https://www.zillow.com/homedetails/521-Mission-St-South-Pasa... at the right time... 3.11% rate loan for $1.2M, congrats on that, it saved your deal's cashflow.I ran the numbers on your deal for fun (with my best-guess development scheme): By turning this into a 4-unit property, spending ~$500k on the construction, and renting it out for top-of-market rents, you'll be holding this property at a 5% cap rate with a 4.7% Cash on Cash return.With all-time high rents right now, you are at least getting about the same return as a current money-market savings account, ~5% CoC return.Your risk is if you need to sell once it's built, it looks like you will end up breaking even or loosing on the deal (at today's values).

@Steve MaginnisAsk them what they’ve got for remnant pieces that are similar in colour/ thickness.

In my mind, you should run all possible development schemes/projections up-front, before the purchase, and embark on the most profitable one from the start.