I did this FORTY years ago but the catch phrase "syndication" wasn't as prevalent.

I don't know how prevalent they are in the rest of the country but I renovated and resold one in TN this year with no issues.

Not to sound cynical - there is some extent of fraud in anything real estate related , I know its there in other areas as well but its definitely more prevalent in the real estate. people please equip yourself with good info ... 

The activity of wholesaling is more prevalent - larger market, higher default rates over the past years, etc - but you are beginning to see various states crack down on the practice as simply acting as an unlicensed agent.

New buildings that do not integrate smart devices  are going to be dinosaurs before the building is even completed, because the prevalence of IoT devices in our day-to-day lives will increase exponentially year after year. 

I agree with Ann and Adam as well, until other factors become more prevalent. 

Do you think that this is such a prevalent question in the realm of real estate because it is such a personal business?

But I know plenty of mom and pops that own 20 to 50 houses and this what they do for a living Wife handles management  Hubby does fix it work and evictions,, this type of mom and pop bizz is very prevalent in the mid west were so many SFR's are rentals compared to other parts of the country..End of the day as you say PM will make and or break you and interviewing and choosing a quality PM is paramount to your success..Plus like I tell folks..

is this more prevalent when flipping property?

Even if It only takes me 5 minutes to install a part my expenses as a business are still prevalent.