Beyond that... yeah, it's a gamble.

HiI like you live in another country uk to be exact, I wanted to buy in the us and did so last year, I was looking at florida and other places however the place I found for high cashflow and house prices had dropped dramatically was michigan, florida sounded great and one day I may buy there but the yields arnt as good as MI also I was looking at buffalo areas and the cashflow was great but prices have never really moved, so i went with MI.I wanted to do a flip and use the profit to buy a house for free and then rent it, but it never worked due to my lack of knowledge inexperiance etc...

It was good enough to spur me on.What they offered was a package (either UK or NZ package) where they provide training and a mentorship.

What can you say...people like to eat, shop and party when they get a few bucks in their pocket and, contrary to popular belief, there is much more to do in Las Vegas than gamble.  

A partnership is fine at the start, However, You will really need to call the Texas Secretary of State and verify for yourself, Do not gamble on the Info you get on the internet,  Secondly, You need to safe guard your personal assets, Meaning you need to be at least an LLC, just in case things do not work out, If you are an LLC, and you have financial problems at any point, The LLC will protect you. 

Without that you really have no idea what the tenant is like, so its a big gamble. 

How about stock market or Vegas gambling, any language on that?

It also seems like there are 6+ month waiting lists to get into modern, resort style apartments around here so tenants may be out of luck if they take a gamble leaving, which i think is playing in us (Landlord's favor) as of now as they don't have as much bargaining power.

It was a lot of back and forth, I had to call them like 6:00 am my time because their in UK 

In my mind $8k is more money than I'm willing to gamble with and the course felt like too much of a gamble (let's put it this way..