So I'd really like to hope that these guys are as legit as some of the posts here indicate because I like to think that we, as an industry, are learning to separate the wheat from the chaff, leaving only the well-intentioned professionals.

However, it’s important to note that data looks backward and is not necessarily an indicator of what you can expect moving forward.

Most landlords maintain cash reserves of $10,000 to $15,000 per property.To make a profit, you will need to find and keep good tenants and minimize vacancies.

Purchase price: $180,000 Great tulsa flip with minimal work to be done

@Brock Salgado by no means am I an attorney or are providing legal advice, but I would think that the second pillar stating a 'common enterprise' would be met when you indicate the pooling of money.I am currently in the process of a similar venture myself, however, with buy and hold investments.

It's purely an indication of past performance, or a wildly optimistic pro-forma.

As all have stated above, it is a veneer, but also it will likely indicate that corner is down.  

But at a high level, I would say your best bet to minimize your monthly cash burn would be to rent each room that you can spare.

The benefit of this to me is an expiration of my procrastination, beginning my REI career now as opposed to waiting, learning about REI with minimal risk, being able to include repair costs to the loan, no closing costs, fair yet improving credit.

The fact that she thinks only deals done through a "normal bank" is indicative of not understanding the concept.