A low price is no guarantee of profits. 

I can guarantee you'll need documentation of lease, and rental insurance before closing on another home.

Their guarantee to cover the mortgage if they don't rent the property is a red flag, too.

Go ahead and state who you're working with, this sounds eerily similar to something we've heard on this forums over & over.Below is Josh's link. 

Luckily, I didn’t give my real last name, and I actually live and work in Southern California so there’s little chance this will be linked to me or my case.

As the legally required small print in the offering of financial products reads: "Past performance is no guarantee of future performance".

I guarantee I would spend more time if I lived there and it was an ADU. 

A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email [email protected], and someone will help you.

Marie Johnson - please see this link where what you proposed in your post seemed to occur for somebody:http://www.patheos.com/blogs/slacktivist/2012/11/13/rolling-jubilee-proclaim-liberty-throughout-all-the-land/

Just curious if there is a thread on here anywhere that someone could link to that has bunch of fully underwritten deals by experienced investors?