I recently discovered Dutch Mendenhall and Phil Pustejovsky. They each offer their own style of mentorship. Both look legit. Dutch finds deals at tax auctions. Phil's approach is to find people anxious to sell. I'm trying to decide which approach is best.
do a search for other threads about Phil. I don't know much of about Dutch. Mentors are there to provide answers when you have questions.
I've been in Phil's mentoring program for 6 months. I am having buyers regret after discovering these forums and listening the podcasts can provide pretty much all of the basic knowledge in residential real estate all for free. In another thread another forum poster suggested listening to all the free podcasts from start to finish, studying the free content such as attending the free webinars and reading the books. Check out a real estate investor podcast specific to you area, attend a local REI networking webinar or meetup and then come back to assessing the mentoring program in a month to see if the program is for you.
I think the approach of marketing to motivated sellers who are in a distressed situation is a smart way to start, which Brandon suggests also in his recent free webinar in how to find great deals in a competitive market. There are several ways to do this even if you are working a 9-5 job which I am.
Nevertheless, the mentoring program will not cover the marketing expenses which can cost typically hundreds of dollars per month, though there are close to free ways to do marketing. Then the software access fees kick in after 6 months which is required to communicate with your assigned mentor. The expectation is that you are to put in the work of the marketing, calling sellers, keeping up with home study, and communicating with your coaches. And you need to find your own team of professionals for legal, tax and real estate advice. Profits are split 50/50. Partnership lasts typically two years. At this point I have no deals, and had about a dozen prospective viewings which were duds.