Richard Fertig, an investor known for purchasing subpar short-term rental (STR) properties and contributing them to his fund at significantly marked-up prices, is under scrutiny. Fertig, who allegedly refinanced these properties at three times their original value, runs a Facebook group for retail STR investors and offers courses. He is also associated with a $2.7M acquisition fee on a $5.9M equity raise. Additionally, Brad Sumrok, dubbed the 'Apartment King,' charges $35,000 for his wealth-building advice, which involves buying apartment buildings and significantly increasing rents. While some of Sumrok's followers have prospered, others face potential financial ruin. His clients include a hospice salesman who became the second-largest apartment buyer in Phoenix, an Indian immigrant who amassed thousands of apartments in Houston, and a young mom who quit her tech job to buy buildings from Tempe to San Antonio. Fertig is also linked to Nick Huber.