He wants you to get deal under contract before he will even consider paying you a finders fee.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

The whole wholesaling thing is 90 percent someone putting a property under contract to find someone to assign to pay more.

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

He will generally pick something up every few months well under market that needs some love.  

If you sell a property while it’s under REI management, you still owe them the 10% management fee through the remainder of the lease.The Nightmare Tenant Story (a.k.a.

All of them but one that paid a preferred return stopped paying distributions, despite the underlying properties doing OK (some collections dropped a little, but not much). 

But I like the idea that everything's under one roof with their Platinum package and get unlimited consultations, emails from their legal team as opposed to billable hours.

I just wondered if working with one of these mentor groups would add an extra layer of expertise, or if it wasn't worth the hassle.

If you need financial help, ask under the "Finance, Tax, and Legal" forum.