I understand if funds are not available it is easy get blinded by what saves the most, but if multiple people are telling you that it is a bad idea mostly likely is because they have learned that most of the times or never, saving in the short-term doesn't payoff.

I have seem reviews of people that were happy that took it, but I have also seen the mugshots of him (lol) and all of the posts of him being a scammer, when people gave him money to invest.

Are people having hard time finding quality tenants ?

It never made sense to me that people buy rentals and immediately hire out the most important factor of its success (the management) to a 3rd party who likely takes 10% plus other fees.  

@Alex Johnson Detroit-Michigan falls in the middle of the pack regarding "tenant-friendly".As you start to build your Core Four, NEVER believe what people tell you unless they can explain it logically or provide 3rd party proof.Here's 3rd party proof that Michigan is in the middle of the pack:)https://realwealth.com/learn/landlord-friendly-states/https://www.lawdistrict.com/articles/most-renter-friendly-us...

“No one should be denied access to opportunity simply because they have experienced a medical emergency.”This statement is unfortunately laden with poor assumptions.

Even very well experienced investors don't have lines that large.  

When you need articles of incorporation or something more specific later, you can get an attorney to draw those up, but for most people on here, they are just trying to get it open and get an EIN.

I primarily loan my own money in my area and to people I know who are other investors.

I've been wanting to begin my real estate journey for quite some time now and am having trouble getting started, I'd love to meet new people on here and build relationships so that we can all learn together!