It was a perfect trap for the inexperienced "syndicators".   100%.

The guy with 3 posts may be offering legitimate advice having been in your shoes- The guy with 30 years experience may be hopelessly out of date, or even inexperienced with current issues.- The 23 year old who just bought the first house-hack may teach us something game-changing.The “real deal” looks very different in many contexts: THAT is the power of BiggerPockets.

But if you plan to invest out of state it'll be important to build your core-4: https://www.biggerpockets.com/blog/core-four-real-estate-tea...I'd also recommend traveling to any out of state market you plan to invest in.

Because they are greedy and a lair who saw an inexperienced mark they could milk.

Here are the top 10 repeated posts  on BP, showing the OP as too lazy to search, and too inexperienced to have a clue1.

While I am capable of holding onto a property like this, I fear for the newbies who have very real risks of not being able to hold onto the property long enough to get out from underwater.Because the buyer of this property is likely to be inexperienced and not know or think through all of the items discussed here, this strategy may put you in a ridiculous position of power for at least the next decade over the buyer. 

I'm Billy Miller, originally from the sweet tea paradise of North Carolina, now living it up in the Garden State with my fantastic crew - my wife and two awesome daughters!

They are inexperienced and do not know what requires a permit2.

Plus let's face it an inexperienced wholesaler can cause a tremendous amount of harm to the unsuspecting public. 

Your sphere of friends and family won't enlist your services yet because they'll know you're new and inexperienced.