Is there something other than a faulty tax-shelter and/or scam to consider here?  

Even BP for all it's anti-guru propaganda, has ironically become the guru.

I hate to say that this is a scam, but its hard not to feel or think it is, and I do hate to think and speak negatively of Clayton and his wife, who is now a big part of the MI company.  

"Automated search for off market properties" - LOL If you think people will provide a list like that be prepared to get scammed.

It's a meeting that seemingly seems like it's just a pro community meeting, but really it's an anti property agenda meeting.  

That same pm. scammed many other investors also.

Thanks It's a scam.

We'll know more later this week.Appraisals are scams and you never know with them.

I always seem to have the house for more than 90 days, but for you more efficient rehabbers:http://www.latimes.com/business/realestate/la-fi-h...

They just sick their attorney on whoever tries to run a scam, games, etc. and chalk it up to a cost of doing business.Where recourse starts to become a bigger deal on a loan is say you have a few million dollars of net worth.