Bill S. is also correct, you don't want it to be cheaper that int should be or you seem like a shady landlord.I heard a story from an investor who was promising 10%-15% return on investments, and the people he was pitching thought he was trying to rob them.

How can i minimize my expense.

But in my honest opinion for the very minimal cost for the whole program any true REI er should take the classes....  

Ron pitched these as a great way to gain appreciation and acquire more turnkeys upon their sale.

When googling the counties near my friend i'm finding minimal information.  

His website certainly gave me the vibes that a sales pitch would soon follow in his material.

The 50% rule is tricky in California with minimal down payment.

So now me and the other realtor thought about staying after the pitch to at least be able to network and see what would come out of this but it was a 2 1/2 hour presentation so we weren't so sure if we would stay yet .

We are looking at RE investing as a retirement investment tool, rather than monthly income (of course, only if there is cash flow, but we are ok with minimal cash flow).

But that down side to that idea is pitching to the investors that not only are they on the hook for 125% of their investment in the project, but now a $1,000,000 loan.