It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris scam and/or Morris Invest scam for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

I've found that when using these services as the side offering something, I loose about 5% of gross profits to scams on average.

The local REIA seems like scam in Austin.

It makes the company look like a scam.

Fortune Builders is not his company, they set up this marketing/scam program and use all of the T.

He is a scam artist.  

So I went into investigation mood... turned out to be a scam.

There are TONS of scams in this industry.

@Jackie Flowers, I've never come across any of those "finder fee" programs that didn't have an up front cost* to you (usually at least $1,000) in order to qualify for their finders fee.To that extent, yes, they're a "scam" - because they don't promise to buy the deals you find - and you only get paid IF they buy!

Watch out for scams on your ad, scammers will tell people directly to go check windows and try and get in.