They lack maturity, judgment, knowledge and discipline to learn. 9 out of 10 will fail.

I've definitely struggled with that as social media has matured.2.

When you come into my elderly parents NBHD I ask them to come inside and lock their door and NEVER open it for anyone whose identity they cannot confirm. 

It is wise to have an Identity Statement sheet from your title company so as soon as you put the property under contract you can have your title company run the title and when you market the property you will confidently tell your buyers that the property is cloud free.

The opportunity cost is real - they could have been making $125K at another mature company as employees, with paid vacation, medical leave, employee profit sharing, and a 401(k) plan.

I think too, what you're speaking of is maturity and simply being business savvy enough to understand the difference between hype, exaggerations, fluff, puffing and reality.

Lolif you pay taxes on a ssn that isn’t your own how is that not identity theft?  

@Jon Holdman gives you both sides of an identical scenario.  

I thought that a land trust is transfering title from a property, helps identity protection, but in case of death the land trust is still surviving, which avoid the probate,Capital Gain taxes and Prop 13 8n California, because there is no Change of ownership.

I have worked with many clients with portfolios of 15+ properties which have more than doubled in value if they purchased them a decade ago and now have a mature portfolio that is 100% cashflow.Over the past 5-7 years, Nashville has gained national attention for a newer investment model: short term rentals, or Airbnb/VRBO properties.