The "gurus" - people selling a BS program to make money off of suckers - and others in the industry have made billions off of telling unsuspecting folks with no money, credit, or jobs in some cases, they could be rich in one deal with no money and no risk.

For sure there are pro's but to unleash a swarm of folks that really have no clue on these unsuspecting sellers is really a disservice to the industry as a whole and dangerous to the public..

It is littered with folks with little or no real estate training outside an overpriced one day seminar; those that don't disclose to both parties the risks of double-closings - or even that there will be a double closing; non-refundable "deposits" in addition to Earnest Money Deposits; absurd ARVs and comps; wild *** guesses for repair costs; offering MLS listed properties to unsuspecting newbies; etc, etc.  

The #2 that they need is to CONvince a number of (unsuspecting) people (let's call them suckers) that they (gurus) have created something wonderful that they (suckers) just can't do without.

and the ones who sell outdated, illegal, or dangerous info to unsuspecting people.

Wouldn't you say that you speak with unsuspecting/desperate sellers that maybe don't understand the true value of their home, yet you convince them to sell to you at a discount and then you turn around and sell it at a higher price for a *drumroll* PROFIT?!

I've appraised hundreds of these in my career & its caught many unsuspecting investors with the pants down so to speak. 

And with the lack of transparency about the results of his investors he has lured more and more unsuspecting people to use their personal savings, retirement funds, second mortgages etc to invest with his company with presumably very little chance of their property ever panning out in the way he advertises.

A lot of tenants will try to play this game to get as much time out of unsuspecting landlords.Its best to return the partial payment to the tenant by certified mail or FEDEX/UPS if its not already been cashed, and then continue on with the initial eviction order.

I've heard of unrecorded leins popping up for unsuspecting buyers even after a title search.