In most cases, neither is warranted.Warning: I am not an attorney, and this can be a complicated topic.

We have used every strategy, technique and tactic that the gurus teach as their own.  

Do not overly complicate the letter, or you will scare sellers and tenants.I want the tenant to sign, of course.

. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000. 

I've read a lot of bad information on how some gurus are promoting techniques that are flawed at best, fraud at worst.

Buying through an agent may provide more transparency, while sheriff sales and auctions can offer deals but often come with risks, like limited property inspection or legal complications.

Easy to do IMHO.Some folks use a tablet with a service but why complicate things I say.

Have you ever had a deal nearly fall apart because of an unexpected complication?

The math behind Real Estate is not that complicated, Revenue - expenses and debt service = cash flow. 

I am expecting a day of reckoning for this model in the coming years when an LP decides to file a lawsuit based on misrepresentation which traces back to the teaching techniques of the coach/mentors who are essentially offering pay for Co-GP title courses where the students are taught they can use their GP title to raise money.