Im an investor and agent in Phoenix who's helped a handful of folks with 1031 transactions.

I have attended local meetups so that I can have a handful of experienced folks who have resources to share.  

So, I floated the idea here on BiggerPockets to see what more experienced folks would have to say about it.

If these folks owned their own home prior, I would probably take that as them having better credit at that time even without a credit report to support it. 

Most are folks that have the emotional control of a 5 year old, controlling attitude, an omniscient narrative in every thread & topic, act like an online hall monitor, and constant attention seeking. 

I live in Colorado and I'm going to see if I can find a direct way to check folks background through the courts.

I have been to a few of them personally its really something and the folks that own them are under the radar and make MILLIONS.

I've worked with several folks in Missouri that have done similar deals with the STL and KC land banks. 

If you are nearby, if you have ever been a pizza delivery person, maybe deliver a pizza to the wrong house that may or may not be the one being foreclosed on so atleast you can see inside a small portion. we used to just go knock on the door some folks would actually let you look around.

U invest in the fund and there is no debt ahead of you you own the debt free and clear the only risk is they buy the wrong debt and the underlying collateral does not support the investment.. which is why you go with folks that have a lot of experience in the space and now how to value the collateral.