Unless you can verify the company and people this sounds like a scam.  

Fink comes back to America and the West with his "woke" virtue signaling with "sustainability" and "diversity requirements", what a scam. 

We are NOT scam artists & we practice with ethics.

I know more contractors that have gotten scammed by customers than the other way around.

@Sam Singh Sam that is the REI equivalent of the Nigerian email scam.

But in my market I'm not going to last long if I'm actually purchasing every property I can't flip the contract on within 30 days.I'm not trying to 'scam' people; I'm trying to understand how the process works since I've been researching.

Another scam that is going around CL is people lifting your photos and info and running their own ad for your home.They are generally based out of the country and are doing "God's" work - they got called out of the US on a missionary trip and had to leave their home - so if you mail them the rent and security deposit they will mail you a key to the home and you can stay there until they come back to the US in a few years.I have found several ads for my homes up on others CL ads - I have started to watermark all my photos with a phone number or a website address.

I would love to join some sort of club in New York City, although after reading some posts I'm skeptical of scams.

I suspect other states may adopt this too, since many scam artists are ripping people off and the state governments are scrambling to stay ahead of them.

They've sold the properties and the investors are stuck holding the bag.Most of these are, IMHO, barely above scams.