I think some people legitimately do enjoy managing their own rentals, but I tend to agree with you.

Im not sure if you're asking legitimate questions or if you're trying to sound as much like an ******* as possible to be funny.

They legitimately qualify for, and have applied for the CDC Moratorium.  

Lastly, I know more than a few legitimately "wealthy dudes" and I can tell you they all have extensive personal and professional networks that they could lend to if they wanted, at far better than 5% interest and with far less risk than 100% LTV to complete strangers.

If one of these was not built by a legitimate builder then there could be some long term CapEx issues that will be tough to solve related to plumbing or electrical.

A few thoughts/comments: Fees can vary widely for many legitimate reasons.

Not a lot of people are doing this, so you won't have any competition, and you'll come across as a legitimate company to the sellers.

Potential of subdividing the lot to make the in law suite a legitimate duplex.

This is the only route you can take to a legitimate business.

I have been obsessively educating myself on becoming a legitimate investor and am looking to aggressively work towards my goals.