They don't have any money for the down payment and want to find a property for "$0 down, creatively financed" but at the same time they'll pay $10k for a lying guru to blow smoke up their ***. 

And therein lies the reason we have a low supply of homes for sale.

Numbers don't lie and few of them started investing in LTR out here!! 

I spent the last 20 years in the non-profit, technology, and real estate space.

For example, maybe on a duplex you offer full price, but the Seller covers closing costs and buys down the interest rate, lowering your monthly expenses.The challenge lies in the scarcity of available duplexes.

They really showed where their loyalty lies -- with guests.But I'm also hesitant to draw broad conclusions from mistakes made in the early days of a once-in-a-century global pandemic. 

I'd be super careful about using Facebook groups...there are a ton of people who will lie and say they are a buyer, but they are just trying to daisychain it.

They tend to work in more established neighbourhoods that are safer with a good, reliable tenant pool and they are a newer management group that is younger and well connected to the area today, using a lot of the latest technology to assess opportunities.

Like all the investors in the multitude of these, in my opinion, scams and frauds, we believed in the private placement memorandums and were, in my opinion, lied to by the manager not being truthful about his checkered history. 

I could barely understand the guy on the phone - it sounded like he was calling from inside a very busy building and had terrible technology.