It is well and truly a scam, and the only "value" he delivers is in the form of teaching you to manipulate vulnerable people to act against their own best interests.

This destroys the credit of the original owner who can then sue the subto buyer.Another issue is if the subto seller claims they were taken advantage of by the subto buyer at a vulnerable time (pre-foreclosure) and an attorney or regulator raises the question of equity skimming.

They simply skip over/ignore concepts like vulnerable persons, equity skimming, equity stripping, bank fraud, wire fraud, mortgage fraud, escrow and closing, etc  It's now the "thing" to do.What could go wrong?

The “buyer beware” philosophy is fine for commercial transactions, but taking “advantage” of home owners when they’re most vulnerable and lack market sophistication is something no right thinking person wants.  

If not, paying off the STR could leave you vulnerable to unexpected expenses or downturns.

Of the course the 3rd party's failure to record its interest leaves it vulnerable to the same risk of a 4th party's interest. ."

You are more vulnerable than ever to make a dumb investment.

He valiantly is protecting new and vulnerable biggerpockets members from bad partnership models and scoundrels like myself, Jonathan, Don and possibly others. 

Employers who prey on such vulnerable persons are screwed, and rightfully so. 

A lot of those people are financially vulnerable and lack resources to go against the seller.