I went through the information posted here and some of the information is false...as in buying a 2 family between 50-150k.

I consider avoiding fees by doing it yourself to be a false economy unless you have nothing better to do.If I can't make more money finding deals than I could by paying myself management fees then I am in the wrong game.

An LLC doesn’t protect you against fraud (things like false information on a loan application, deception, being accused of taking advantage of a vulnerable person, and so on.)Here are some things that can go wrong when using an LLCThoughtfully written by @Paul T.All my REIs are in an LLC!

There might be ways to benefit from what it has to offer, but what I feel comfortable saying is that they engage in a LOT of false advertising (notice I don't say "misleading" or "deceptive" -- saying you offer phone support when you don't is just plain-old "false").

I'm not saying the data is false, but I question the impartiality of the source. 

Something is definitely off beyond these factors however because you shouldn't be seeing that much turnover and those turnover costs are absurd.

I feel like by saying go big or go home, it’s giving newbies false hope and setting them up for failure.

News sources have come out saying Las Vegas is on a real estate bubble, I can tell you that is completely false.

So, with your subordinate interest you may have placed a tenant in a property keeping another lien holder from securing their collateral, doing so intentionally, to profit.....it's starting to have an odor about it now, I can see some prosecuter looking up things like lien fraud, bank fraud, establishing false liens and on and on to impeading operations of a federally insured depository....I don't know, just sounds like things they might try to stick you with if for no other reason acting unethically toward other creditors.I'm not sure why so many people think that all one has to do is give others notices and disclosures about what they are doing an it absolves them of ethical responsibility or shields them from violations of law, just not so.....in many cases.Interesting thought of taking possession of a property with a very limited interest in it, passing it off allowing others to live in it, blocking other creditors from taking possession for awhile and betting on when the tenant will have to leave.....interesting that someone would think of it....lol...

Whether his was past or current, don't contaminate with your gossip (true or false).