I feel sorry for so many investors of big hedge funds run by well educated and licensed financial managers, who invest their client's money in a million-dollar per home Ponzi schemes, with another 2008 housing crisis in making.  

However, this is a tried and true way around it but it will require educating everyone involved.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

My best piece of advice is to educate yourself first, talk with a lot of sponsors, and underwrite a lot of deals.

And just starting my education on REI.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

You would be doing it for an investment in your education and the next deal, not necessarily to make a year's salary with one flip and call it a day.

But beyond that we used many techniques that nowadays are either seldom used or totally misused by the undercapitalized, poorly educated and totally naive disciples of irresponsible “gurus”. 

This might include mandatory disclosures or ethical guidelines similar to those that realtors follow.Education and TrainingProviding comprehensive education and training about each other’s roles can foster mutual respect and understanding.

Maybe his investors has had 90%  success but, to me, I saw 2 deals & felt bad for the investors plus the 10k-35k spent on education.