Instead, there is an option period, with a (mostly) small option fee whereby the buyer can cancel the contract for ANY reason within the option period.  

However, this is not so sought after since there is a fee upfront regardless if you purchase property or not. 

I do not think they are sketchy is just that they do not go by all of the state regulations and they might charge you a cancellation fee or increase rates more often.

My pet fees are $30 - $100.

@Nakul PatelBest asset protection is an insurance policy, you open a LLC then you are gonna have to pay like $850 a year for it if you are in California even if it’s a LLC in another state plus other fees and costs.

If rent is not received by the fifth of the month, a $100 late fee is imposed. 

The account fees are minimal compared to the potential gain with most syndication offerings. 

In all I paid $14k to setup various entities, trusts, and government fees. 

We have a lease break fee that they can execute at any time, so, we guide them towards that. 

What I mean by that is that paying for leads that get sent to you just because you are paying for them is not smart scale right now, it costs too much for lukewarm.I was on Zillow Flex with my team of 50 for years and crushed it, but we had to kiss a lot of frogs at 35 percent referral fee.