I have read Rich Dad Poor Dad years ago and listened to people making money in real estate but I thought it is just for the rich and sophisticated.

Among those conditions are the following: no history of serious crime at the property, no history of volatile occupancy swings with the property, and that the acquiring owner and new management are considered “sophisticated” relative to the current ownership. 

I work on sophisticated imaging systems for early detection and prevention of foot ulcers/amputations in diabetic patients. 

I calculate "cap rate" just in case I run into sophisticated investors and they ask for it.

"Accredited" means RICH, "sophisticated" means SMART.

Perception is very powerful and this sounds like you are being cheap on security guidelines and your education.

The problem I ran into was one of sophistication.

If you have been listening to the podcasts, you'll come to realize that perception is everything in business.

Also John, some syndications will allow you to invest using "sophisticated investor" status instead of accredited investor.

Today, it is my perception that most deals require HARD MONEY to get the deal.