I just feel their business model allows and possibly encourages fraudulent behavior, just like craigslist with the lack of checks and balances.

Even though many cities have war zones there are often diamonds in the rough that borderline the combat zones.Example: In 2004, I purchased a 14-unit apartment building across the street from a war zone.

I got into real estate at age 40 with a degree in Psychology and 21 years of military experience in a combat field.

In order to combat this in our communities, we need to focus on new ways we can be social – like welcoming new neighbors and reconnecting with existing ones.

My wife is worried that offering, and negotiating a property for sale without the knowledge or consent of the other owners is fraudulent and that I could be found guilty of selling real esate without a license. 

You fraudulently caused the seller to sign a contract that you knew that you couldn't fulfill. 

If they couldn't locate it, they would find proof of payment on the payoff & get another document executed by the appropriate party and record that to release the lien.If there was something fraudulent involved and the seller's loan actually never got paid off, the title company might pay the buyer's lender the face amount of the loan.

GDP was expected to ebb in the final three months of 2020 after a record 33%-plus annualized gain in the third quarter, tied to the reopening of our economy in the summer after business lockdowns (to combat the pandemic) in the spring.

Even with the risk of negative cashflow, as long as it's not astronomical there are ways to combat that in any market. 

To combat their high tax bills every year, what if they bought a 5-6 cap, class B or C rental that doesn't even cash flow that much?