I would skip this for sure.Agreed, it's not legal or proper to give out the names or phone numbers of your borrowers without their permission.There's absolutely nothing inappropriate or unseemly about offering up borrowers willing to share their lender experiences with another potential borrower.The private lending landscape is littered with scammers and bad actors.

Is there anything else I’m missing or need to be aware of regarding bad actors?

@Casey HamptonI keep seeing a guy named Tom Cruz (not the actor Tom Cruise LOL) popping up on social media promoting his Section 8 course.

Thanks @Jenning Yu - I can appreciate where you are coming from when it comes to concerns about bad actors misrepresenting certain financial products or instruments.

I know that there is a plethora of forms on the internet and folks pass them around like candy, but truth is, the property management business involves a lot of legal issues and situations.

I had leased to one of the actors who created a service offering especially for movie industry folks and sub leased to the crews working in movie industry.

thats the risk.then like a few of these other actors if it goes bad and the sellers you bought from go ballistic you will get turned into the DRE and probably other agencies and you never know it they take an interest in you or just give you a pass.If it was me and your not really well capitalized I would not be changing title to a wrap buyer and losing control this could end up very poorly for you..

(For example, a minor leak that when neglected turns into something more significant.)In conclusion, I'm not going to tell you it's all candy canes & lollipops with Section 8, but if you properly vette all of the particulars, in can be something that works for you.

Or like I have seen there are a lot of bad actors out there and you will have groups that do this with no intention of every paying on the sellers mortgage and will rip the rents until the houses are lost to foreclosure  when that starts to get acute and brought to main stream something could happen regulatory wise.

Dealing with private syndication is like dealing with individual actor that many times has different personality, nuances and lack of public/transparency skillset.