For example, rather than forming a REIT (or as prelude), if you and your brother can simply come up with the down payment (or use your wits for creative financing) on a small multiplex (maybe 1-4 units, so you can occupy) you are in business!

Nudge got in trouble for what they sold at the seminars the actual product.. low end rentals in detroit vastly over priced  lots in lehigh acres FLA selling for 3X or more of market .. you know Turnkey is always accused of this everyday on BP.These programs are all steeped in MLM same methods..

That being said, let me address the other accusations that have been directed toward me .. 

That being a witness to wouldn't suffice?

Anish Tolia Something interesting I've observed, and maybe you've witnessed the same thing yourself:In the Midwest, my properties all experienced the highest CoC returns in Year 1.

If your goal is to learn about yourself and have beautiful self-actualizing experiences you can accomplish that goal without spending a lot of money.To wit - I may love hiking, but I'll be darned if I'd want to spend thousands (or tens of thousands) of dollars getting a degree in it in order to better know myself and learn about a field I find interesting.

>>I have been in the industry for 14 years now and have worked very hard to deliver this service to people at what will hopefully be a modest profitI never accused you of making an exploitive profit.

The company that I was seriously considering folded within a few months and there were accusations of nepotism, embezzlement, usurping of projects... the list goes on.

Mike,It sounds like a typical situation where the parents took your accusations against the daughter personally.

OK, it's $99,000 of equity not 100K :)You got me, Bill GulleyThe thing I get accused of, Bill, is that since I finance the front door at 100%, I am playing a dangerous game.