I do go to the casino at midnight on Sunday nights and drink 5 rum and cokes.

Commercial real estate is a sophisticated endeavor and hopefully much more can be learned but I vote this post be deleted or at a minimum, the “scam” part be removed from main title.

.), Riverboats, Casinos, historic, etc. 

They deal with sophisticated repeat buyers different kettle of fish as it relates to the buyer pool As long as you have gurus and u tube pitching get rich with out any of your own money you will have this constant flow of unlicensed people coming into the business lets face there is not enough properties to go around for every one who wants into the get rich with no money schemes..

This makes it possible to virtually eliminate taxes for sophisticated investors.  

But we’re literally 10 minutes away from world class restaurants in the casinos.

That is likely the least sophisticated investor you will meet.  

Quote from @Bradley Buxton: @Dave MeyerRegardless if the numbers the stock market seems to be more of a VC casino than a wealth building strategy.  

Most investors have not much experience and have ability to do proper due diligence, but...some of the lead in those forum are so good (and way more sophisticated than BP) to do proper DD.Although however I found discussion for CRE that's merely generating 7% income and single digit IRR with high risk of default is going on for very very long time.

Allstate (captive) is not a good place to be if you need any sort of sophistication with your risk management