The more I looked into the group the more I realized that they are priming students to borrow from them at ridiculous interest on crummy deals they make the bulk of the money on while you get to do the work. 

Any freshman finance major knows that this is a ridiculous statement, but you seem to still believe it.  

-It could rent for probably $4-5k/month easy, but perhaps up to $6k (some have suggested $8k but that seems ridiculous and would probably lead to high vacancy).

The fact that Peter T. finds the following legit and no reason to make a fuss over is ridiculous:1.)

I know it's a ridiculously small amount, but the math is easy...so humor me.

I get that it's easy but what's easy is done 2 death and success rate will be so minuscule it's ridiculous. 

My househack is in a desirable school district with almost no affordable rentals, so I just posted a unit at what I thought to be a ridiculously high rate before I was planning to rehab it and ended up not bothering because of how much interest I got.

In my opinion there's serious temptation to lie if someone has a property they can flip and make 15k profit on if all they have to do is fudge the class of neighborhood.And you're right about the unrealistic pro forma numbers...they're ridiculous. 

I hope that was copy and pasted because that was a ridiculous amount of great info!!

It's only in the ridiculously hot market we were in that these seems strange.