There is always the patience of real estate catching up! 

I'm not going there because it too would be a complete waste of time and money, but if you are really wanting to "catch a bad guy", that might be a more fruitful route.

It is supposd to catch money laundering, but it exempts any company with more than 20 employees and grossing more than $5 Million. 

Problem here the tenant didn’t declare cats as pets.She ruined the unit in one full year and it took more than $11,000 to replace full floors in two level townhouse plus other water leaks damage.tenant left without telling.Now I am asking property management must visit quarterly to catch damages early on.Ozone machines did not help much.thanks

Knowing what a specific repair will cost is one thing but knowing how to catch those issues before they become an issue is vital. 

I was thinking I would create a course that involves a field trip to one of the flips I am working and pointing out all of the things they should catch and helping them understand rehab costs at a line item level.I am an expert in electrical and learned plumbing in the Coast Guard.

The other catch is you have to either document prior experience managing rental units or use a property management company if you need the rental income to qualify. 

But no worries, I'll be at the next one and we can catch up.  

So the Deed in escrow avoids some costs but also takes another step to be as protected as you were.I was in the mortgage business for about 15 years, and multiple title transfers do catch the attention of underwriters - from back in the days of fraudulent flips with inflated appraisals. 

I've used them (not sure if I can name, but starts with an R and ends with an A) on about 6 or 7 of my deals so far and its true 100%, no money down financing.The only catch is that they cross collateralize against other properties you own - including your primary residence.But they close and are very thorough.Their appraiser and rehab inspectors are very good too.