I'm genuinely curious; are you saying the act of doing sub2 is criminal or the people who do sub2 are criminals and con artists.

Our team along with clients all are heavily investing in the area, and it is a strong place to start. close proximity to New York and New Jersey, paired with extremely affordable property/taxes and high rental demand make it on most people's radar.  

You are talking to the wrong mortgage people.  

My buddy just got burned by someone borrowing from multiple people where the others weren't aware of each other and they thought they were the only one lending, etc.It all comes down to how well you REALLY know each person in the deal, and then, "do you REALLY know them?"  

While it seems possible thats true, people doing this are screen shotting stuff from Zillow.

Quote from @Lee Banks: Hi my name is Lee I'm looking too buy my first rental property and but I feel as if I need a mentor to watch, I still need to learn the basics of real-estate does anyone in New York do programs or mentorships and where would you start if you first started real-estate today  Hello Lee,I'd recommend looking up local meetups here on BP, meetup.com and, eventbrite.You can also call around to speak with RE investors and professionals in your target market to begin making connections.With so much available information online, I'd recommend speaking to a few people and doing independent research before committing to mentorships.

If you're really serious about it, I'd focus on building relationships with operators and capital raisers — those are the people who can get you into off-market deals before they hit the public.I'm not pitching anything, just sharing how I personally incorporate syndications into my multifamily ventures.

Join one and start volunteering - it’s the best way to network and meet like minded people.

I am not sure why people purchase properties that are negatively cash-flowing. 

Then fix it up and force equity and then refinance it and move in a bunch of people to do a rent by the room model.