One person cannot efficiently, hunt for properties, research fair value, talk with sellers, arrange conditions of sale, manage/arrange financing, accept mortgage risk, inspect home, decide on paint schemes, shop for supplies, update place, install new plumbing, clean stains from cement, shop for insurance, interview tenants, run back ground checks, watch market for right time to sell for profit, collect rents, handle late night call on leaky pipe, market rental availability, Handle call during holiday weekend about barking dog, run title searches...You have to find the skills you have and farm out what you do not.

You don't want to be trying some new marketing scheme or leadership technique the first time when you get your one shot to swing the bat.

I've seen people lose everything when this type of investing starts to fall apart.It's like a pyramid scheme - it works great for a quick while for the people who set it up, and then it eventually crumbles. 

As for painting, I'd charge them to return it to the original colour (though I don't mind the colours they used).

Investing in anything comes with risk, real estate is not a get rich quick scheme and never will be and that's why it's best to hang on for the ride.

It's hard to see in the photos, but it's to the right when walking into the kitchen.Note: I attached an additional photo that gave me some inspiration regarding closing in the refrigerator and color schemes / fixtures.I'd love to hear feedback from others who have tackled similar projects.

And the more elaborate the scheme, the more likely that is.

You lost out on 5k but in the grand scheme of things it's no biggie.

Likely not a ponzi scheme.

I do love driving for dollars, on the way to other deals.It is fun, but its just such a poor use of time in the grand scheme of things.