@Robert ThompsonI don't think property value are 'low' right now, but lots of us are still buying.In order of easy to hard you can: look on the MLS; connect with wholesalers and others who source off market deals; and reach out to sellers / market yourself.If you can though, start with a house hack or live in flip instead. 

He’s affiliated with Dave Ramsey solutions but I think that is a benefit in my case.

Most professionals will recommend a separate LLC for every $1 million in assets but I don't think that's necessary.

@Arron Paulino I don’t think there’s anything close to being a “typical” cost for a renovation.

I’m thinking rental but market is rough in Florida.

There are many strategies to investing in real estate, and I won't say any one is better than another, but I think you get what you pay for and no one wakes up in the morning wanting to be a slumlord.

I think it's smart for your client to at least do a quick call with an attorney.

@Chris Seveney do you think I should make sure there’s a valid title policy (i.e. that the commitment was fulfilled?)

Why do you think the SEC is investigating this if it was all perfectly legitimate?

The more I'm thinking about this the more red flags I'm thinking of.