I’m basing that more on things like W2’s being issued by a business versus what was reported by the person who received it - but I imagine it extends to all types of transactions.you are flirting with danger though.  

But it does have a distinct odor & I would assume taste.

The terminology between what is "Private Money" and what is "Hard Money" is very vague and these aren't even really truly distinct different options. 

There's a fence around the property now due to danger of collapse.

If so, you are in very dangerous territory and should definitely STOP all your dealings with this transaction until you consult an attorney and the CA foreclosure consultant laws which specifically prohibits taking advantage of homeowners in foreclosure (in default) against predatory investors. 

A number of landlords have also expressed difficulties with the program's bureaucracy and administrative procedures.As with any other application, it's imperative to thoroughly screen Section 8 tenants in order to reduce dangers.

It is riskier, possibly downright dangerous depending where, and a lot of headaches.I know people who have invested in Costa Rica, Mexico, Bahamas, and Colombia. 

Bathrooms are considered one of the most dangerous rooms in a house because you have a mixture of water and electrcity in very close proximity.

Operational Discord: Clashing Business ModelsRealtors and wholesalers are two distinct players in the real estate market, each with their own unique approach and business model.

Never invest in any city with static or declining population.Crime rates: Never invest in any city on this list: Mapped: The Most Dangerous Cities in the U.S.Operating costs: The best indicators of operating costs are state income taxes, homeowner’s insurance, and property taxes.