I don't have enough money to fund my own deals and my credit is bad, I'm actually working on my credit right now.

This example would yield a pre-tax net of $340/month (minus any vacancy credit or capital set aside for maintenance (capex).

You still haven't admitted that his numbers were fairly accurate.Second, the article summarizes the video (which I can't watch because I don't have a paid account).

@Lucas Vreeken, You want to think of a REIT as a "security" or stock like you would buy in a brokerage account. 

One LLC per property means more filings, signature blocks, bank accounts, paperwork, etc.  

Credit Score: A minimum credit score of 620 is generally needed for financing a rental Debt-to-Income Ratio (DTI): Lenders will look at your DTI to ensure you can manage the mortgage payments alongside your existing debt.

It will take me 2.5 years to recoup the cost without taking into account tax benefits.

If it does come to litigation, you could look at recouping the legal fees as a closing cost credit on the purchase.

The solution to that, as mentioned above, is for the buyers to pay into a third-party controlled escrow account.

The houses are warranted and easy to rent, no repairs will be needed in a while, sometimes the builder credits are good, plus they enjoy the appreciation that you receive from buying early in a community.