I went to his preview event today,  where they give you some basic info, and try to get you to sign up for there 3 day course for $997.

I have a house that I am looking to rent long term.

Something to consider is to convert the pre-tax funds/assets to Roth so you have tax free atm withdrawals at retirement.  

@Shawn NofzigerHi Shawn,I came across your post and while I am a long way from Lansing, I work with a ton of new and aspiring investors and the challenges they have getting from idea to action. 

Licensing can be such a maze to navigate, but getting it right is key to protecting your projects and investments.

CU and local bank is the way to go for that product specifically. 

My take: Gather intel on the area (neighborhoods, tenant demand, property management), have a game plan for your numbers (cash flow, maintenance reserves), and adapt as you go.

He had the contract lined up, ready to assign, but he was freaking out that no one would bite.

Would a DST work to defer taxes on ordinary income from say flipping properties and using the trust to invest in more properties?

The challenge is going to be qualifying for each property.