I got scammed into buying an LLC the company scared me, and I regretted it and ended up going the insurance route.  

I am sorry for all of those that fell into this scam.

If you allow the cook to run your restaurant then you don't know your business.I really didn't want to be so condescending but the opinions of residential contractors is closer to being scam artists than professionals trying to make an extra buck.

There should absolutely be a fee so that you are protected in the event that things fall through.What systems do they have in place to protect against rental scams?

The reasoning is to reduce the amount of predatory behavior for the consumer because Oklahoma saw that so many people were either being scammed, taken advantage of, losing property & money unethically or unknowingly without as much educated advice, and more.

I’m also not out here calling hard money a scam or saying business credit is the only way, yet I see plenty of people here dismissing business credit altogether while promoting their own preferred funding methods.At the end of the day, every financing tool has its place, and investors need to be educated on how to use them properly.

They then put me in an empty 4 bedroom unit on the 1st floor because they made my 8 year old childhood dog fall down concrete stairs because maintenance turned off the lights in the breezeways.They also sent me a statement saying I would get my security deposit back months ago and they aren't responding to any of us students/former tenants.These people are scam artists and belong in federal prison; I'm so sorry you all are loosing so much money.

Quote from @Patrick M Nichols: Cogo is a total scam... lots of fees on the front end.

And anything above $500 is a "serious profit and scamming" in their view.

If anyone tells you that you can get 15% cash-on-cash it's either a scam or ultra high risk.