These unscrupulous actors prey on people while pretending to offer them assistance.

For example, I've sleuthed out a few such situations in my market over the last year and found:#1 was owned by a Denver based investing company that wen't on a buying spree in 2018 and imploded#2 was owned by a local investor that is up to his eyeballs in just this type of investment property and (you'll never believe it . . .) is overwhelmed and is Ostriching (you know, where you bury your head in the sand and pretend like nothing is happening . . . yep, they do it too!

You’ll probably get away with it, but let’s not pretend like it’s legal.

In addition, the overwhelming majority of real estate agents I've met couldn't put together a decent scope of work if their lives depended on it, and can't reliably manage to wipe themselves after every trip to the crapper, let alone a residential renovation.Way too many men in this country pretend to know all about residential construction, maintenance, and renovation.

This is the kind of comparison I would expect from some Anti-Science Karen/Ken on Facebook who is twisting everything to pretend she/he is right. 

Let’s pretend you invest $100K.

@Trevor BondIn that situation above, lets pretend the existing tenants have 6 months left on a 12 month lease and the seller never told them he is planning to sell.

Pretend like this is January 1 (when the COVID moratorium expires).

Let’s pretend you find one at only 3%.You take out $46k ($720k-$674k balance) and it costs $2k rolled in to the new loan. 

Let's pretend both 1 & 2 have industry average returns of 7% (Cash on Cash) and Preferred Return of 14% over 5 years.