Investment company trust or not?
So I’m thinking about investing with a company that says if you invest 150k on 10 properties (turkeys) that you will make around 5,000 a month and this all can happen in a year. Between 13k and 15k for a down payment. They didn’t promise anything, they said this is possible. They want you to buy at your leisure time and no rush. The markets that they are offering: Buffalo NY, Memphis TN, Cleveland Oh, Detroit MI, Pittsburgh PA, San Antonio TX, and Orlando FL. The company has all the people in place, (their) people in place and supposedly are trust worthy, that will manage the property and make sure you receive a good cash flow. He also said that you can’t only get these deals that he has personally vetted. 95% of his investors do not even go and take a look at the properties they’re going to buy. My questions are: does this seem like a good company to invest with? How can I vett a person like this? Should I purchase 1 and see how it goes?