It would definitely be fraud if this was the case, a recent post from an auctioneer talked about this exact situation, where they said the auctioneer was liable (different bedrooms/type of home example you don't have to read it) States would differ though and it doesn't seem black and white. https://mikebrandlyauctioneer.wordpress.com/2022/07/12/no-li...I do agree with you that it could very well lead to being burnt, however.

@Jaycee Greene well within THAT specific price range, No not exactly.

I’d love to connect and hear more about what specific areas of investing you’re interested in, and I’m happy to help however I can.

@Michael Plaks comments in this recent post on making sure the person you hire understands real estate sounds really relevant to your situation.  

My opinion only 2 cases make sense for the seller 1) they have few options and this presents the best means to get out if a bad situation.  

What caused you to buy this specific property?

🎉I’ve helped clients transition into STR ownership before, and your situation brings up some great questions.

So, the first question they usually ask a PMC is about fees - instead of asking about services and HOW those services are executed.EXAMPLE: PMC states they will handle tenant screening – what does that specifically mean?

If I were you I would house hack in RI, specifically in Providence in as good an area as you can afford. 

If you’re curious about specific markets in Florida, feel free to reach out.