Often the best risk, hassle and tax-free approach is to pay down debt.If you have a car note, credit cards, etc pay those off first. 

You have no foundation at all, but he wants you to pay and sign up?

You’d have to pay $35,00 PLUS $3,500/mo (That’s ANOTHER $42k!)

Plus the mortgage company probably calls the loan, and if you can't pay it off then you can lose the property.

There are a lot of groups out there that basically want you to pay them to find the mentor deals, so he can take a slice of your deals. 

How do you pay for the tax and insurance?

Then they have to sign a W-9 before we'll pay them.So, we've never had to deal with illegals, etc.

Owners pay not to deal with problems.

In fact, according to the Federal Housing Finance Agency (FHFA), over the past five years, home prices nationwide have risen by 57.4% (see map below):This appreciation means your house is likely worth much more now than when you first bought it.2.

The renter has given you the money to cover your borrowing costs and pay for the home's upkeep.