I haven't found it to be onerous as most of what they ask for are things I would fix anyway.The biggest fear I have for Section 8 is my tenant does something fraudulent and it comes back to bite me. 

While wealth does not necessarily equate to intelligence, there is still a logical explanation for why CA real estate prices are high - all these people cannot simply be gambling, right?  

Basically the state government wants to know who to come after if there’s a problem like unpaid taxes or something hugely fraudulent.

Real estate is sold as-is where-is and they had full access for inspections.About the only exception is fraudulent behavior if you knowingly cover up something you should disclose. 

And deal with payroll if you don't want to gamble with $0 salary.I spoken to my US accountant regarding the house flipping partnership, but he's not specializing in real estate, he's doing taxes for my other activities, so he couldn't give me a confident answer.

The discussion diverges here and there, but it’s specifically a tale where somebody had been deceived into buying a property from a fraudulent seller.

It was a gamble since it could have been very expensive is she refused to leave.

Life is a gamble!

Back in those days, apartment units were selling for $7,000 and she had addictions that were excessive, compulsive and she literally blew millions of dollars on drugs, gambling, cars and shopping.

A Texas apartment tenant appears to be fraudulently attempting to extort us for money, with bogus claims of misrepresentation and lack of habitability.