From the HUD website:"In the Sale and Rental of Housing: No one may take any of the following actions based on race, color, national origin, religion, sex, familial status or handicap: Refuse to rent or sell housingRefuse to negotiate for housingMake housing unavailableDeny a dwellingSet different terms, conditions or privileges for sale or rental of a dwellingProvide different housing services or facilitiesFalsely deny that housing is available for inspection, sale, or rentalFor profit, persuade owners to sell or rent (blockbusting) orDeny anyone access to or membership in a facility or service (such as a multiple listing service) related to the sale or rental of housing."

On top of the weekend class to "really" learn a thing or two instead of wasting your valuable time like at the meeting I was attending, they then were pitching their exclusive next tier program where you and 15-or-so others could have the distinct "privilege" of having breakfast/brunch with them and be able to talk with them for the low price of $500 or so...THEN there was their "top dog" program where you and a select few could have the great honor of becoming their padawan after you took out a 2nd mortgage on you (or your parents) house to pay $20K (or was it $50K?) 

You also reinvested your annual returns back into the fund at the end of each year, creating a compounded return.

This can have massive effect on cash flow, let's say:Total Income:                                $900Expenses (not inc. mortgage):     $451.43Taxable Income:                      $45020% Tax:                                 $90(There is a tax relief on mortgage interest of up to 75%, for simplicity I did not factor this in)Total Expenses:                       $687Monthly Cashflow:                   $212- $90  = $122Annual Cash Flow:                   $1,464Total Cash Flow after 10Years $14,640       (nearly $11,000 difference) Profit on sale (not inc. tax) $16,370Total Profit:           $31,010 after 10 yearsThe same amount of money in a stock that pays a 5.6% (tax-free) dividend compounded would be worth $58,630 (not accounting for appreciation) Profit: $24,630 Buying, renovating and selling a house seems like a lot of extra work for $638 a year. 

They need to prove themselves for a minimum of a year before they earn the privilege of a term lease.

Rent control doesn't only privilege tenants (who get to use government to counteract market forces).  

LPMI is just baking that cost into your interest rate pricing.It amortizes it over the course of the loan which is lower payment for the first few years, which is great for helping you to compound your returns.

Tens of thousands of dollars are paid to bank for the privilege of borrowing their money.

I have an SFR that is charged a business privilege tax in which you send in a % of your revenue. 

If you find a provider that is charging $20k above market for the privilege of investing with them, walk away.