This is for basic informational purposes I am not an attorney and this is not legal advice.First, if you offer to purchase a property using a HELOC to fund the purchase you cannot later back out of the agreement because you couldn't find PML or investors.  

I mean one family on one home i bought basically stripped down to the studs .. everything was gone by the time I got them out. 

Just depends on your strategy but my best advice is to take a drive through those areas.

I've heard stories on the podcast of financing 75% conventionally through the bank and basically doing seller financing on the down payment, so 25% to them.

His zoom calls are basically him talking to his buddies and he is very rude when you pose a question.  

they are a non accredited pay to play orginization.. while they do some nice meet ups and have basic info.. does not mean that any lender that pays to be a member is a better lender than the thousands of us that are not members..

The biggest thing is vetting the operator as they ultimately drive the returns.

Yes, I’ve got a mortgage on it now, but my cash flow went from only $1000/month to $2400/month and I picked up 3 more properties basically for free with no out of pocket cash to buy them. 

It will familiarize you with the basic terminology and benefits.

Basically, these are lands that technically qualify as Sending sites, but that have issues such that nobody really wants to build there.