If they did, they wouldn't be here asking questions : )  As a result, this means that CPAs, Lawyers, and Financial professionals should explain things in simple terms that are easy for people to understand (I'm not sure quoting pubs and regs directly screams simplicity, but including it as a reference is helpful for everyone). 

These videos are there because they have most likely a lot of views.I also googled "how to build long term wealth in real estate" biggerpockets and this video came up (see below), and read the commentary "How To Explode Your Wealth".For me, the shame is the amount of information on this site about that is available to investors and those who scream from the rooftops saying "be careful" but many think its easy and a get rich quick scheme, which unfortunately its not.How to Build Wealth in 2024 with This Real Estate “Strategy” (youtube.com)Episode #870 If you want to build wealth through real estate, you’ll need a real estate “strategy.”

The only thing unique to these coaches is that you pay them thousands of dollars for brainwashing, sorry, I mean, "motivation".Now I don't know anything about Joe Mccall but everything the OP posted screams snake oil salesman.

While there is a lot missing, even your market rents of $550 and $750 scream trouble.  

I do believe in trusting your gut too - and my gut was screaming "no" to the salesy pressures from day one (texts and emails that we need to look at properties urgently, that two are already sold, etc.). 

The "sneaky duplex" phrase sounds to me just like "sneaky tax evasion" - it's great to get something illegally until you are caught.The screaming obvious action for you here is to call your town and ask about the property.

A bad area on the other side of town that unexpectedly moved into my neighborhood after federal law enforcement decided it was time for a crack down on gangs, who just relocated to my hood.A bullet through my bedroom window.A drive-by shooting 1 block over that I only woke up to at 4am after hearing a woman screaming outside her house.A friend managing similar properties across town clubbed on the head as he stopped by to collect rent, waking up hours later in the stairwell, pockets emptied. 

.- Perhaps, once in a blue moon, with a particularly popular “student” or screaming good deal, the mentor actually uses the funds in the account to purchase a property.Do have outright Fraud?

I might be a little biased because we started purchasing places around 2009/2010 and we were picking up screaming deals all over the place (3/4 of our portfolio is made up of homes we purchased for ten's of thousands of dollars that are now worth hundreds of thousands). 

If you want to hear screams, just tell a guest that $500 of his/her deposit is being withheld.