Sure, mortgage insurance eats into your cash flow a little bit if you're putting less than 20% down but in the scheme of things it's really not that much.Also, you won't have 20% equity in your property in a year assuming you put 10% down unless you are forcing appreciation or you somehow get some high market appreciation.

A scam is defined as a dishonest scheme; a fraud.

Talk to them and see what information they need from you (eg cabinets, paint colour, countertops, etc) and make your decisions quickly so you don't hold things up as there are a lot of moving pieces.

It appears he is on a course of actions that will not change.The pyramid scheme became obvious when the underlings started to reign down in the forums here, as many mentioned, where no one looks too kindly on SubTo, not knowing what they were walking into and not caring because they were looking for the "hungry" bros who would spend the $8,800 to get into the community and "share" deals.

Common electric is a rounding error in my buildings but it has an effect on cash flow if the buuilding consisted of  $1,600/m 3 Beds.Unless you are onto some new guru scheme and way ahead of us all, please elaborate how everying is cheaper on a low income rental. 

Many are run by fake gurus who are just repackaging stuff they found on BP and repackaged as a get rich scheme that they sell by showing pictures/videos of people partying on a beach and things like that. 

Too good to be true sold as pyramid scheme is not worth paying a dime.

Gotta stick to a theme and color scheme!

Personally never heard of this scheme or way to set up transactions. 

You will not see results, it's just a basic wholesaling scheme.