There are obviously fake accounts offering ridiculous terms that stand out like a flashing neon billboard.Also, the countermeasures are pretty simple: "Don't pay anyone for ANYTHING up front!"

By most tradesmen, the ignorant homeowner in general is seen as a crippled half-man who exists for them to ridicule and swindle.7.

Licensed trades cost over $100 just to darken your doorstep, AND charge ridiculous markup on materials.I understand wanting to protect Joe Consumer, but PM's and experienced LL's should have options, in my opinion. 

However, there are no comps in that subdivision for any half duplex going back 1 year, and there was one that was sold 17 months ago for a ridiculously low price, and 2 others sold within 24 months but I can't see the prices. 

Nice way to kill an industry and reduce scaleable growth...Isn't it ridiculous?  

And finally banks aren't stupid, they wouldn't allow something that makes them ridiculous amounts of money like a 30yr loan, to simply be bypassed and paid off in 3 years using nothing more than money magic tricks. 

Had one that made some ridiculous requests during the prospect period and continued to be a headache, asking for things FAR outside the scope of a landlord regularly and taking up hours of time on the phone.

@James Colon, with most major cities/urban centers, it depends on the area of New Haven.

Any yes, that 47% hit we took this year was just ridiculous. 

@Lori Williams I have out of state investors call me all the time desperate to sell properties that they bought in areas where people literally will steal the aluminum siding off as far as they can reach....but the prices that they paid are ridiculous....it's highway robbery and in all cases, when I saw the properties they were wrecks and the worst part is most of them paid cash so they didn't even have the protection of an appraisal and they're too trusting, believing what the person selling the property to them is telling them without doing their own due diligence.