Sounded too good to be true from the beginning and too much of a "get rich quick" scheme.I guess I just expect more from my friends and would hope they had every good intention when it came to my personal business, especially my finances.Well, that is a shock but I have reaffirmed my original belief and now with the help of yourself and @Neal Collins I have potentially avoided a landmine.Thanks so much for your contributions.

Would I definitely have gotten a shock from touching the wires?

You'd be shocked on how much you can learn here!  

I was shocked at the rise in home listing prices in just the 5 months we have been following the market.

Bought it for 600K (which is actually cheap shockingly in the city), with 5 % down as a conventional loan.

You’d be shocked by how little actual screening many PMC’s do!

You’d be shocked by how little actual screening many PMC’s do!

Shockingly this could be a deal where it doesn't cost me anything after the firs year.

Utah is ground zero for back end fullfillment companies.. so this is not new or shocking to many of us in the KNOW.Just another guru selling rehash information promising the moon and drowning their clients in futures.Sorry this happened to you.. however the systemic problem I see is that folks for some reason think they can buy their way into the real estate business.. which simply can't happen.. and it really depends on your market if your trying to do this in CA.. then thats a tough one right there.. and the markets have shifted dramatically in the last 36 months so there just is not the amount of distressed inventory out there or low hanging fruit like there was 8 to 10 years ago.as stated above just let the public know on social media.

You would be shocked at how often bad tenants will tell you up front that they will be trouble, but you have to take the time to talk with them.