For sales comps the biggest advantage of public records is that they will include non-MLS transactions.Everyone should keep in mind that value estimates like ours or the Zillow Zestimate (known in the industry as automated valuation models, or AVM's) are based on public records data and therefore don't take into account things like curb appeal, view, home condition, landscaping, etc.

@Nick Britton I know he said that the entire job would be about 2800 for a higher end model. 

In the end, you need to perform your own risk assessment and decide what is going to work for your model. 

I wonder if that is what will happen with this FAF CA model and that model in theory would have way more ongoing profits than just holding gold. 

Using them as a business model (selling property you do not own) is not.

@Jay J. be careful of making such a good defense of your statements why @Scott Trench success' cant be your own or any other person on BP.The case you make might be so good you prove yourself right.This is an instance where you would benefit from being wrong.If you don't like his model for success find your own, spending time on why it won't work is not such a great idea if you want to succeed.imho.

its just so rampant that the states can't keep up. and some states take a completely blind eye to it. if you read the REGS on what is required to bring two parties together on property you don't actually own in a scheme or business model you will see that the definition needs  a license..

Most models are expandable to some degree to fit most any shower.

I am personally testing a similar model with 3 properties in coastal SD. 

A loan is not an old contract for deed arrangement which is also an issue today.What someone might do in one state and in one county shouldn't be a model for private lenders.