Meaning you dont have a large cash buyers list but your partner does.Or you have buyers but no properties and your partner has properties but no buyers.I think co-wholesaling is a great thing to do bc you're building your network and someone can help you in the area you lack.To help yourself from getting scammed I think you should make a contract addressing your concerns and have both parties sign it before doing business together and If they go back on thier end SUEEEEE haha

And yes, when doing things the first time and encountering deals we've never done costs tend to be higher than we expected.

In addition you will have less cash available to build your portfolio with or cushion the inevitable unexpected expenses you'll encounter.

One day, you might encounter a deadbeat who will drag out the eviction process forever, and you will lose a ton of rent.California is not very LL friendly when it comes to eviction expediency

There are also scam artists.

It is a scam that they even sell them to be honest. 

Zillow, along with their third party vendor, whoever it is, is running an interest accruing scam. 10 days for an ACH payment to hit?

I've heard people be adamant about getting it and I've heard others say it's a scam that you don't need.

Hi Chad, my first DD encounter was buying nonperforming notes (30+ bought in 2 years).You make a great point regarding the property value and the ability to fight the foreclosure. 

What should I be on the lookout for to make sure I am not getting scammed?