If you don't, then just get them in your own name.BUT . . .Let's do a reality check here, though.

These "reality" shows, such as Flip This House and Property Ladder are more interested in featuring bumbling idiots than intelligent successful people that you can really learn something from.

Just don't expect to see inside of every unit and look under every sink before you make an offer.

Get the quit claim if you wish, but take care before you sink any money into this.

I would tell them that based on your research this is the reality of the current secondary mortgage market.

The 50% rule of thumb gives a greatly warped sense of reality to me because it COMPLETELY IGNORES 3/4ths of the value centers of real estate.

And don't forget, what ever you set aside must be from the initial discreationary income, it can't be from your "sinking fund" for liabilities.As Americans go in the savings arena, we are woefully behind others.

Your NOI estimates are much higher than reality, though.First deal:$200,000Down: $50,000 (25%)Loan: $150,000Payment: $899.33 ($150K, 6%, 30 years)Rents: $3075Expenses, capital, vacancy: $1537.50 (50% rule)NOI: $1537.50/month, $18,450/yearCash flow: $638/month, $7658/yearCash on cash return: 15%That looks reasonable.The second deal is terrible, assuming its a regular SFR rental.

No matter how good the financials look on paper, the reality will be different and painful.

(now you know why the guru is selling the course)Discouraged over buying the course the person then waits until they have enough money to buy ANOTHER course on a different topic or niche.They find out this is hard as well.They keep going through this cycle over and over again.Hitting it big and making millions is sexy and appealing to people.It makes them dream of a happier life and is easy to sell.Doing the small steps to get there in reality is very boring for many and unappealing.It requires sacrifice and smart work and constant learning.Just think how far people would be if they invested that money they bought all these courses with.People that are great don't need to shove it down your throat.Their track record will stand on it's own.We have had many on here post guru crap and when asked for proof they disappear.