The financial industry and a few other industries attract(and reward) a slightly higher rate of these personality types.It's sad to be victimized, especially when the most basic RE investment principals would have helped all involved avoid the scam.

If you are not bringing anything to the table, and asking for a reduced split, then understand that you are asking them to take on a risk at a diminished reward which isn't the way those things usually correlate. 3)  Do you have any friends or family in the industry? 

@Chet Freeman if you consider flipping raw land, make sure you understand that the risks are great and the rewards can be greater.

It all depends on your goals, risk vs reward, etc.Diversifying is generally safer, but you'll probably miss out on the potential for huge instant rewards like the people who bought 5-10 cabins in the Smokies pre-2022 and now swim in money like Scrooge McDuck.Diversifying less also has the advantage of having more streamlined systems/workers. 

One column reward and other column risk.

If you can get over that aspect, this area can be rewarding.40 year olds riding BMX bikes with makeshift trailers in tow looking for any tools that an unsuspecting landlord might have left unattended.

There is risk but there is also reward in the form of additional revenues and additional bookings.

Bigger risk, (typically) bigger reward. 

Take the time to research and make informed decisions, and consider seeking the advice of a financial advisor to help you create a well-diversified investment strategy.Remember, investing in real estate can be a long-term commitment, and it's important to consider all aspects of the investment, including risks and potential rewards, before making a decision.

There were a lot of hoops to jump through but it has been a rewarding process.