Remember, you are essentially hiring an employee (loosely) to pay your mortgage, expenses and provide your cash flow.

I agree that it would be hard to know what the rate of hyperinflation would be...I also agree that the term gets tossed around VERY loosely.

If that's the case, you are loosing 1 night every time someone checks out just so you can clean the place.

I hate to get my friend excited and then we make no money and we loose friendship. 

marc hit the nail on the head...the aluminum wire itself isn't the end of the world, but over time, aluminum will become loose from the receptacles and that's how it can catch fire.

Example: realtor finds a speedy seller , calls you with deal, realtor writes up order ( contract process), reach payday.Result: Sooner or later find yourself with a Realtor and a pre-printed standard contract (pressure on you)...Don't loose sight of your goals! 

Of course this does not mean that the investors can't sue you if they loose their investment.Now just one other point of clarification concerning SEC regulations.

Bill, don't loose you're mind!

I know the former owner loosely managed the properties.

Even if you manage to loose the 25k on your first flip you will be way better off than paying for training.