Just out of curiosity I pulled an old thread from 2 years ago, with raving reviews of Norada, and was shocked to discover that people invested $50K-$100K knowing that they were buying just a piece of paper (promissory Note), with no assets to secure their investment.

While gathering details, we discovered that the fire department contacted the seller the day before closing, meaning the seller knowingly withheld this critical information and allowed the sale to go through.We immediately reached out to the title company first thing Monday morning to stop the closing process, as they had not yet received the executed documents.

Quote from @Jeremiah Dunakin:  You hear on this these podcast that someone got lucky/ skilled thier way to a house that they bought 50% off and while painting a small patch on wall they discovered that they had another duplex connected. 🤣🤣🤣🤣🤣  

This gives you an exit if something unexpected comes up,like failing to find a buyer or discovering major issues during inspection.

I suspect you will discover that adding a ground up ADU will result in a negative position that needs to be recovered before any realized cash flow.  

I'm happy to have discovered this!!

Quote from @James McGovern: @Scott Gaspar none of the gurus participate on bigger pockets as they might be discovered  Truth.

An Apollo-backed entity discovered some appraisal fraud in DSCR properties in Baltimore city.

But if the license is required and its a flaw on the lenders side you can bet the borrowers attorney will raise that.. 

A California woman named Anne Reynolds bought a vacant lot in Hawaii in 2018 and later discovered a $500,000 house had been built on it without her permission.