MF deals are not easy to do and take a team of people with experience, PM in place, Net worth of the loan amount, hard money up front 100k+ and many other things.

It looks like a nice house but its next to a gas station & now it won't rent or the tenant is not a quality tenant since they are willing to live next door to a gas station.4 - If its sounds too good to be true or it seems too easy, run away very fast.

Which is not easy for possible for many people (like your husband).Once you really know what to do, the risk level drastically reduces.

Easy check-in, check-out, no frills, I'm going to eat out anyway. 

Back to sec8, should be easy to see that's a fast-pass to time-suck-city. 

Even most HML will not fund if you have zero experience  maybe some will do easy fix and flip type projects that anyone can figure out how to put back together but new construction NO WAY. 

Quote from @MIchael McCUe: Money isn't easy to save and $10,000( my debts) is a ton of money I want to save for a downpayment, I'm just starting so I don't have any money I would like to save $60,000 to buy a rental property, I think I could do it in  5-6 years, my brother filed bankruptcy and they relieved him of $6000 in debt from cash money.a list of my debtGst Hst Tax 4500 income tax from working with my dad I oweScotiabank credit card 1400Canadian Tire credit card 500cash money loan 2400Belair 600echelon 600should I pay the 10k back in the next while or should I file bankruptcy like my brother as It won't be for years until I am able to get a downpayment for a rental house anyway.Here are the negative consequences, in regard to real estate, of filing bankruptcy1.

Even with all I mentioned and forgot to mention above the real estate money was easy moneyHere is the house https://www.corcoran.com/nyc/Listings/Display/4778829?

I personally think being a landlord in Chicago is easy and I have never had an eviction. 

It's easy for people to say it's a scam because they expect to magically make money and when they don't they ruin the possible experience for others.