Buying from the MLS will have very very razor thin margins, and thats assuming appreciation continues..  

On the syndicator's side, we can hold a $1M slot for the TIC investor, and if something goes wrong (like the 1031 investor's buyer backing out), the syndicator can now be left scrambling to fill the lost Million in equity.Also, the 8% preferred rate is paid and accrued, so it doesn't mean the investor is guaranteed 8% COC annually.

Things found flushed down toilets of tenants that swore they had no idea how that got there:Baby wipes, nail polish remover bottle, disposable razor, dish rags, clothing, and I am sure a few more I just cant remember right now.Without a confession, it becomes a "he said-she said" sort of argument that even if you can prove them wrong, it only matters if they can actually afford to pay you.

People drastically overestimate the likely hood of shark attacks or plane crashes, etc bc everyone can think of an example of those. 

or the other ones I would try are the on line ones I think one is backed by one of the shark tank ladies..

Hi Fellow investors, I'm in serious need of a shark of an attorney regarding a mortgage company in San Diego that just wasted 4 months of my time on 4 refi loans, thousands of dollars in appraisals, inspections, holding costs, etc. while letting 2 sets of rate locks expire, interestingly, as interest rates started climbing.

When Wall Street and the insurance companies (who don’t know the meaning of the word “loyalty”) start looking elsewhere because returns are greater, the giant mega-HMLs, who work on razor-thin margins but against big $$$, with either have to raise their rates or fold.

Away from a shark infested public bath tub.

so one of your 'slots' is eaten up with your personal house if financed.Getting approved for loans is a whole process unto itself...

"Scam" may be the wrong word because it's perfectly legal, but they're sharks preying on the emotions and financial positions of people around them.