So, assuming a lender has no overlays and goes by the letter of the law, depositing a cash gift into your account and seasoning it for a full 60 days is not fraudulent and is something that is done on a regular basis for a reason because that's what the rules allow for. 

Do I need to post the "fraudulent" email that you sent to a hedge fund manager bashing a fellow member of yours in my note mastermind group and that I sent a $500+ case of wine to that asset manager saving the relationship?  

To combat this I am looking to partner with a decently seasoned investor to learn and grow in the REI industry.

When dealing with investors who gain their capital from fraudulent/illicit means, what authorities should be made aware and in what order? 

Someone not buying under the LLC is typically doing so because it's cheaper/easier to get funding .... again otherwise they'd just buy under the LLC to start out with.The company's actions were wrongful or fraudulent.

My concerns are the followingMyself being employed by Mortgage companies that are involved in fraudulent business transaction, and the lack of the required documentation to approve some mortgage program, As for my interest I have been actively researching how to get involved in real estate transactions since I was 16 years old and I figured through my experience that some of the best ways to get involved in the real estate industry is to learn how mortgages are finance along with varies kinds of bonds issued by federal state or local government such as small corporation.

I've tried that before and it hasn't worked out.He's right, and I would have the same expectations, but it's obviously more combative than necessary.

Then get a few signatures on an application, secure a deposit and then vanish.Only after the money is gone do the potential buyer find out the person wasn't the real agent and the listing was fraudulent.

In addition, you should carefully consider the terms of any subscription agreement or other agreements you have to enter into for the investment.I can only speak for myself, but I think many of the other posters in this thread are trying to say the same thing- syndications in and of themselves are not a bad thing, nor are all syndicators bad or fraudulent. but you need to examine the track record and credentials of the sponsor team along with the terms of the deal

I wouldn't be so quick to remove a $50 under market value tenant who's been there for 8 years in favor of keeping a $50-more a month unknown entity.The seller's agent - if they were the one renting the property for the seller - should NOT be profiting from that transaction and making you scramble.And how dare they assume you would be using the FHA fraudulently?!?