As Rich Dad Poor Dad indicates the knowledge is priceless and there is no way investing OOS with a PM you obtain the same type of knowledge 2) requires less reliance and trust on others.

when I first started researching investing in syndications, one of the first web pages I found was this:http://www.nasaa.org/22284/informed-investor-alert-private-placement-offerings/ Private Placements and the Risk of FraudEntities raising capital through private placements often have a limited operating history and typically have more modest revenue streams than larger companies.Because private placement offerings made in reliance on Rule 506 of Regulation D are not reviewed by regulators, they have become a haven for fraud.According to the most recent enforcement statistics from the North American Securities Administrators Association, private placement offerings are the most frequent source of enforcement cases conducted by state securities regulators.

I definitely need to break out of a reliance on sites like Zillow before I get burned.

The answer is that we're doing it to funnel more money into our investments and decrease our reliance on our jobs for our income, but that doesn't always make sense to them.

The seller has a greater reliance on your performance and is willing to walk away basically and transfer title, might be another way to look at it.

While your plan seems good in theory, I reckon that ongoing 90% leverage each time, in a market that is arguably already too-heated, is asking for trouble - somewhere down the line.Please ask yourself: are you placing too much reliance on never-ending appreciation?

If the property owner later redeems the certificate in reliance on the deceptive or unfair practice, the unfair or deceptive contact is actionable under applicable laws prohibiting fraud.I understand many investors might be doing this, but if we all backed out of the race because we have competition then we automatically loose, the only way to have a shot is to stay in the game.I also understand the owners may not be appreciative of the postcards and yellow letters, until they realize the best option is to sell before they loose all the equity in delinquent tax related fees and interest once they are foreclosed on, at least if they sell early enough they get something back. 

It is not particularly close to the subway, however there are buses that remove the reliance on a vehicle.

Hence the reliance by the buyer on a title insurance policy to indemnify them in case of a covered defect. 

Reliance on MIAs is a daily occurrence, which I think belies your argument that identifying defects is rare.I would appreciate it if you can tell me how you can tell by reading a deed if it's a forgery or if the grantor was incompetent at the time of signing?