Prepare yourself with a specific list of questions to ask each, literally interview them.

All the above will give you, your management company, and/or your collection attorney some traction if it comes time to attempt to garnish wages or tax returns or levy their bank account.Some of the above may sound a bit draconian, but consider that you may have hundreds of thousands of dollars tied up in a property you're turning over for their unsupervised occupancy, and that they can do huge damage to the property in just a few hours.

Not to mention, dealing with you directly will save the owner 10's of thousands on broker fees. 

I'm wondering if it would make sense to source modular homes in China and have them shipped to and assembled in markets like Memphis, Atlanta, Birmingham, and other where you can buy vacant lots with utilities for as little as a few thousand dollars.

Some of those facebook groups have thousands of members.

CAR probably spent tens of thousands on attorney fees to develop that form, maintain it, and make it available to REALTORS.

Rest assured , LP investor would have 100% chance of saying "what the hell why are they doing this".You would not believe how many LP investors are disappointed becaused they have been duped in some ways or another.Investing in syndication is almost like black box literally, you pray the market support then and their execution would do well.

Can you explain what the benefit is to a property owner to have a literal stranger sublet their house to a whole bunch of other strangers and pocket the difference in rent?

Having to pay over 60c now per stamp can be a little rough when you're sending out thousands of letters.

Even if I were found guilty, the cost would be in the thousands, not in the millions.