@David Gotsill has summarized it excellently.

Matt Scott, Incite Venture Capital and his team can be summarized as follows: over priced, non responsive, non professional agreement breaking, chip on their shoulder and otherwise a bad investment.

I don't want to waste your time, but I also think that you could summarize your idea on this succinctly and help a lot of folks to understand better.

@Dominic Mazzarella Not sure what happened to the lengthy response I wrote out - i'll try to re-summarize it here. 

Thanks for summarizing, @Dito Calderon.

@tom shallcross summarized this well in another post and just inflate your numbers up for a $665k purchase price and $2300/mo per unit for rent.Borrow 80% which is like $3700/mo for Principal, Interest, Taxes, and Insurance.

To summarize things, I'm not sure if this is a good plan.

But everyone in this thread keeps saying cash flow over and over.To summarize:-Old/older midwest properties in good neighborhoods that you will hold for 25+ years: good investments-Cash flow on such properties: non-existent for the first 5-10-15 yearsYes?! 

Just to summarize...

I can summarize my entire thoughts on this with 2-words: Armando Montelongo https://www.biggerpockets.com/forums/79/topics/93251-meet-ar...Here is an old thread to the guy you mentioned.