It's pitched as easy, guaranteed money on low-entry properties.The reality, of course, is that's too good to be true.

Makes no sense.  

I would definitely make sure you are running a pro forma to make sure your numbers are what you need them to be. 

Final update.Project completed.Rented and Refi, this project as I mentioned is the first out of town investment we've purchased, I have uploaded final pictures I hope you like it.the deal when well, I had to leave more money in the deal that I wanted but over all a great experience, because we started with the BRRRR we fined contractors right away and we felt confidante and that give us the push we needed to purchase more, so now we are proud the report that we have 3 properties (4 doors, 1 duplex 2 houses) that all are rented and cash flowing well, and also one more under contract!!!!

I don't mind putting the money in, necessarily, but I want to do it right.

@James SedanoNext time, talk with a professional before you make a move like this.   

Also, I am in the process of creating a business logo so I can make some all important business cards and swag (who doesn't want that!)

An idea we have is, I am burnt out from W2 life, and wife makes great money (+$300k) , and I could take the year to repair/renovate, manage, rent, repeat the units in the MF qualifying for REPS status (50%, 750hrs, material participation, etc). 

They ask about staying long term, hoping the thought of all that money will entice you to interact with them and leave your defenses down. 

Will have to revalue full company so buying out the existing company would make sense.