I can't really call this a scam because they are offering a service but at the price they are doing it and telling people it's ok to use credit cards or borrow to pay this debt pi$$ed me off.

Do a google search & type in Carleton Sheets scams & check that out !

Given the time restrictions on the exchange I don't feel I can spread this money across multiple units in a timely manner and the fact I cannot devote 100% of my time to this effort.

That's into scam territory, ala Pinnacle Investment Partners.

These are the folks the rest of the real estate investor community can thank for the SAFE Act and Dodd-Frank, predatory operators went too far and everyone got hammered.It then goes to say that any honest, ethical and lawful real estate investor shouldn't have anything to do with the scam artists in the industry, they cause great harm to the public and in turn to the industry as a whole, They are not heroes of the industry as their gurus and coaches make them out to be or as they proclaim.

I am what you would call...an extreme skeptic when it comes to purchasing any real estate investor materials and consider most "experts" to be unethical scam artists.That being said, Danny earned my trust early on before he released his websites.

If that was the tenants idea, they were scamming your uncle from the start.

It sounds like A just put up the money, with the only time devoted to the property being during the eviction.I think the $22k that B spent to renovate it into a personal residence is immaterial, as he did that for himself, to benefit himself.It seems to me that Person A is owed the initial $15K, plus reasonable interest on that money.

John Anderson This structure isn't meant to scam or defraud anyone.

First, a private lender is someone known to you, not someone who advertises "private money" they are hard money lenders.I suggest you not deal from the internet, too many scams out there.