Most of these eliminate the absolute “newbie” who has been taught to run around making “offers” on FSBOs based on “guesstimates” of repairs and then try to “sell” the contract to a fix n flip buyer and if not successful utilize a “weasel” clause to disengage from the contract unscathed.  

And most are not ponzi schemes.Per the SEC and FINRA, some typical signs of a Ponzi scheme are promises of outsized returns (which is necessary to have a Ponzi scheme function since it needs a constant flow of new investors to avoid collapse), promises of impossible things like guaranteed returns and/or failure to disclose the true risk of an investment (to make the claimed high returns seem more plausible), etc.

If you're using contractors and getting multiple quotes, they typically can buy material at better prices so I'd let them.

It’s typically 3-5 years but can be bought down/out completely depending on lender and state.

What utilities are included?

I‘ve acquired the land, submitted all permits, arranged septic, well, utilities, excavation, and construction/erecting of the home with insulatio and windows/doors.  

So the good one's will typically have their brokerage license by now because of their many years of experience.

I will say at these events there is typically way more money looking for a place than there are actual startups with a good plan and outlook in my opinion. 

If your tenant pays utilities, appliances, etc.

can utilize a no income no doc DSCR loan .