This is a great example of how some people are too inexperienced or ill-suited for managing their own rentals.

For new or inexperienced home buyers or sellers who need hand-holding through the process an agent might be beneficial.  

Only people who would say what you've said about Section 8 are either inexperienced, or in this case, selling something using dishonest marketing tactics.

For numerous reasons, this strategy is not anywhere near as simple as it appears, and the risk of default problems can be quite high if the seller is inexperienced or unknowledgeable.    

The problem is, the inexperienced operator hasn't perfected the ability to buy off market properties at the purchase price that makes sense, so they often over-pay and then encounter less lending options as a result.

We own several apartment buildings in DSM but the problem in the market is that labor for PM is inefficient, inexperienced, and expensive.

I would not invest in an offering that does not provide audited financials as its clear with a lot of these inexperienced guru syndicators that they lack financial acumen and proper processes.

The more Inexperienced an investor is the more they will want to see the property before they ever offer on it.There is no right or wrong way, but as time becomes more valuable, investors make more offers than walk throughs. 

New, inexperienced and sloppy wholesalers can all fall into this trap.

It is a legitimate way for them to make money off of inexperienced investors.