It was 2 years later before the FBI was able to find enough evidence to take action; I'm not sure it's a reasonable to expect a podcast platform to meet a higher bar than the FBI.Don't mean that to sound flippant, but this is a difficult issue to address and we don't know how often BiggerPockets has actually been successful in filtering potentially shady guests.

I believe that they saw the listing on Booking.com where it shows the address, even though the calendar was closed, and decided. to try their luck.

The Norwest Bank study, above, did not address this and was irrelevant.  

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy + tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

Pairing residential acquisitions with operating cash flow can work well if zoning and licensing are addressed upfront.

Ask about their communication style and response time.You need someone who is responsive, keeps you updated and addresses repair issues quickly.4.

Then find their email address in their website and send them an email askimg them to add you to their investor buyer email list.2.

They shoot folks straight and if there are problems, they work to address them in a reasonable manner.

@Haris Jameel listen to @Stuart Udis and make sure these issues are properly addressed with whomever you choose to do business with.Here's some other copy & paste advice to consider:___________________________________________________________________You’re ALWAYS better off investing locally, where it’s easier to:Learn the marketNetwork to find dealsNetwork to find contractorsBe more hands-onDriveby property to keep tabs on itNetwork to find a decent Property Management Company (PMC)If you invest OOS, your biggest challenge won't be finding properties to meet your goals on paper, it’ll be successfully outsourcing all of the above.The biggest mistake we see OOS investors making in our market, over and over again, is not fully understanding Neighborhood/Property/Tenant Classes and how they impact your probability of success!

None of what I'll say below is revolutionary, and some of it has likely been addressed by others in replies above, so take this with a grain of salt.Where to actually find under-market rehab dealsMost first-time investors look where everyone else is looking.