Most have an interest in selling crap property and try to fool you into thinking you are going to get some guaranteed $200 a month per door.  

If you aren't bringing in cash flow each month, all the areas for potential profit aren't guaranteed, so you only keep losing in hopes the others pan out. 

Let's have a little fun and possibly learn something about ourselves:The Green Button is a guaranteed $1M wired into your account today.The Red Button gives you a 50/50 chance at $100M being wired into your account today.Which do you choose?

But if you put in the necessary time and effort I guarantee you will see significant returns. 2.

The "mentor" is charging $2000 and guarantees that I can make 6 figures by the end of the 12 month program.

I can guarantee that.

Conventional loan would not work in this situation since account owner would be prohibited from providing personal guarantee for the loan.

Houses out here are fairly modern and the average house has about 100 outlets or more so doing an entire house commonly will cost you $1500.00 to have a professional do the work and guarantee it.

Buying a crappy property at a crappy price with a personal guarantee and a short term loan.This seller it seems is trying to bully the transaction. 

The good thing is that because it is a guaranteed loan by the gov't they aren't much different for rates because the risk to the lender isn't there.