So we are going to have to change up and look into buying from wholesalers (since we aren't in a position to wholesale remotely, even though I have 5 years marketing/advertising experience).If you are giving this advice to others, I feel it's dangerous.

Much of the information I saw there is dangerously incomplete or dead wrong.

We are a PM, I do think there is a distinction between mom and pop/self managed and PM's with dozens of properties.1.

Google articles seem to say that they are fairly dangerous. 

They are notoriously dangerous. 

Dangerous game right there. :)Love her all you want, but find someone else for tax work.

Melissa,I'm not one to speak much on this type of business since I live in Texas, but this exposure can't be much different or any more dangerous than what we see down here with some of our landscapers (wood chippers, chainsaws, climbing trees, etc.). 

Perhaps there is another reason for the distinction........perhaps it none of my business which needs to be the focus of my attention.  

But that's a civil matter, not criminal.A sale/leaseback situation is extremely dangerous for the investor.

Sub too is a dangerous thing for a seller .. and many investors thinks its a great way to get into property cheap but it can lead to a lot of bad things happening not the least is criminal charges being brought against the person who does this to a seller then rips rents and walks away I have seen a ton of that over the years.