Multiply that by 8 properties and that adds up quicklyAt this point I've amassed around $150k in debt, I'm spending hours a day trying to find large multifamily properties with nothing to show for it and the whole passive income dream I was sold seems to be a huge lie.

The people who are making that money are probably lying to you.

People on teacher's salaries are traveling to Europe in lie-flat seats or even first class.

@Mary Jay I was not asking you to lie but just answering your question. 

I also love the idea of having maybe a 3rd party handyman or something like that to inspect the work periodically, that would be cheaper and that way they have no reason to lie. 

Quote from @Miguel Del Mazo: Thank you for the discussion @Corby Goade .I feel like we are biting off big pieces of a complex topic, and I think it would be helpful to focus on either the interests of the property owner or the MTR operator to simplify things,I think your greater objection to MTR arbitrage lies with why a property owner would want to willlingly enter into the agreement, so I will focus my reply on that. 

We have also been informed by posters that they were lied to and or mislead by salesman selling the offering.  

Lied saying they contacted the warranty.Managing it myself will save me 500+/ month which is a lot.

Many are just following the practices they’ve been taught (although if you choose dishonesty, some responsibility does lie with you too).For any wholesalers interested in learning how we approach wholesaling ethically, just let me know, and I’ll gladly share a detailed post on it here.

What they could have done better is referred me to a better PM, who actually does better work, they could have helped me in analyze the property better, they could have atleast helped me get a property which does not loose value over time but gains it(which they clearly lied to me about).