Seems like taking advantage of eager investors with exaggerated marketing claims. 

The story was extremely exaggerated by a Scottish journalist in 1841 who was ahead of his time in the "Fake News" sector, and the tulip "mania" actually didn't involve very many people and had very little economic impact:  https://www.smithsonianmag.com/history/there-never-was-real-...I suppose we can still draw lessons from a story that is mostly fiction, but more accurate comparisons would probably be the South Sea Bubble in 1700s England, the 19th century railway bubble, or the dot.com bubble. 

Not exaggerating, those are real exact numbers and I’ve seen several examples like that (usually doctors or high-earning professionals who think they are too smart to use an agent).

Renovation costs run over and ARVs are often exaggerated.- Out of state investing is far more difficult and costly than it appears.

If you can master how to close out of state deals (aka virtual wholesaling) you will be quote unquote RICH within weeks (that last 'rich within weeks' comment was an exaggeration, but SO not far from the truth).

This was a highly exaggerated example for illustration purposes. 

So I am over 50 years old and I have only worked a regular job say four years and that’s no exaggeration. 

The need for an LLC is grossly exaggerated on BiggerPockets and other websites.

No exaggeration there.

This can range from minor exaggerations to outright lies about employment, income, rental history, or identity.Key Signs of Potential Fraud:Inconsistencies in Documentation: Discrepancies between the documents provided and the information filled out in the application form can be a red flag.