Consult your real estate attorney ...Also, see the article Vincent G. linked to.... or gamble your freedom and your investment portfolio. 

If you buy bad deals hoping the area will appreciate, you're still gambling (pardon the pun!)  

My BS detector was repeatedly flagging in the Orange/Red and it was because these promoters wet not authentic and made their living from training, not their investments.

I assume as well that the less you do yourself and can rely on a company to do that for you the more money you give to those agents...Any way, there are things I am comfortable with doing myself, insurance, legal and tax, but contracts are a gamble wherever you are haha. 

The relationships we've built here are authentic and enduring.

You are doing a gamble play that value add and rent increases will eventually get the asset cash flowing.If it doesn't you just are trapped in a tax write off property.Some investors love speculating but I am not one of them.

It’s a gamble.

(drugs, alcohol, gambling, church).

Dumbest comment I've ever read on BP.Investing is about building wealth / income, not gambling.

The high end being $1100 puts a better light on it with the same finances but that's a gamble to think it would garner that much.