@Amiris BrownMold remediation is the biggest scam going and makes me want to open a mold remediation company asap so I can charge people $20K for what will cost me about $3K to do.

I was scammed by someone who I thought I had investigated well but later realized too late that they were not to be trusted. 

Adding a scammed contractor knocked me out of the game.

If it's occupied, then yeah you're getting scammed. 

Cap rates come from closed sales that are analyzed by an independent professional third party.Crap rates are fictitious numbers made up by clueless individuals trying to scam newbie investors.There is no reason for you to be trying to calculate either.

About a 18 months ago I put a property under contract and assigned it to a private money lender who purchased it cash. He also paid for the rehab.

The plan was to rehab it buy it with traditional financing and rent i...

You might try pulling this same scam on some of the frauds promoting this type of operation.

They thought it was some kind of a scam as did my siblings.

Then, after taking in all the guru stuff, poor information, bad advice and note scam adverts, go talk to a finance attorney, if you have money to buy notes you have money for a good finance attorney.

Scam?