I’m not new to Zillow, I’ve sold many properties there FSBO but this is a new one: Buyer appears to be a land speculator, I docu-signed a contract to sell a vacant lot and thought nothing about them asking for a 14-da...

My work moved to an insurance company 401k that is a complete scam.

This keep the lender and borrower safe from scams.

James, I don’t quite understand why you think subject to is a scam?  

I would recommend you checkout this thread on Pinpoint Profits & Connected Investors for your reference:https://www.biggerpockets.com/forums/79/topics/414833-connected-investors-largest-rei-scam-on-the-internet?

But you gotta be on the ground.Great on paper and some years you might get 15% returns and next year -15% returns.Plus, there is no true value in such areas as homes sell for $1,000 and others to unsuspecting out of state buyers for $60,000 where the provider makes a $20,000+ margin.Then it goes vacant, vandalized and back to a $1,000 houseLooks for areas with a more consistent sales value where homeowners also live and not just investor owned.B class in my eyes is:1) Close to infrastructure like schools, hospitals, shopping mall, larger employer, etc...2) Mix of homeowners and investor owned (leaning toward more homeowners).3) Well kept yards and no boarded up homes.

Mind you, we have our own version of these scams here in Canada but they're most often mining related and much bigger in scope.As to your friends, I assume you're talking about Cerritos.

This partnership thing is a total scam.

yeah okay buddy, this guy looks like a scam to me.

Requiring an application before showing the property may deter potential tenants, particularly given the prevalence of scams in today's rental market.