Originally posted by @David Dachtera:Originally posted by @J Scott:No need to cover old ground here...this thread isn't about Renatus.But, for anyone new here that wants to know more about Renatus, I highly recommend reading this entire thread:https://www.biggerpockets.com/forums/79/topics/990... ...and for anyone who wants to know the TRUTH about Renatus, visit the MyRenatus website to get first-hand information rather than the speculation and conjecture spewed here.Keep in mind that on that thread you present a lot of information about Renatus and (presumably) represent what a typical student learns and thinks...So, I highly recommend that anyone interested in Renatus at least read all your comments on that thread...

I'm sure there are projects to be found, but developing stuff from the ground up is a much better margin model, but it presumably does take more time and experience to execute on.  

Shall we not presume that they're innocent until proven guilty like with everybody else?

I ask this question because I do wholesale, so I get properties under market value, so i need to know if cap is figured by price paid or by the actual presumed market value per comps?

You are presuming the "seller used the cheapest labor, cut corners and and used the cheapest materials."

Presumably if a long term refi is taken out, it will impact the cash flow for quite some time.Am I missing something simple?

(presuming a mortgage)

I presume this is a multi-member LLC, with the foreign trust and you, individually as members?

I presume, as is the usual custom, you wrote up your offer and the listing agent presented your offer to the seller.

Correct me if I'm wrong, but I presume the cities is a spec area too, although its more congested already so there may be more demand for it if its the right area.