It's very frustrating, because I've seen two new "gurus" teaching novations and wholesaling on TikTok and they are creating an illusion of what investors really are.

So, again, a sponsor needs to have real skin in the game, not the illusion of skin in the game. 

But underneath it, there’s this whole ecosystem built around monetizing the illusion of value instead of value itself.It’s all middlemen selling the map to the goldmine... there is no gold. 

What you are describing as better cash flow is an illusion. 

In regards to the two items you noted:1) The unilateral decisions referenced was an open question for a member of the community hopefully with a legal background to opine because I said I did not have one. 2) The comment regarding "closer to a ponzi scheme" is in reference to the practice of claiming positive financial leverage on loans that have an interest rate falsely giving the illusion of positive leverage because interest has been prepaid either through a buydown or a lower than market interest rate cap.

private are just that usually someone you know that wants to use IRA funds.. does not do it for a living etc.HML is a business  many call themselves PML to give the illusion that their rates could be lower or qualifying is easier. 

The perceived "appreciation" is an illusion on a loser property.Sell.

We learned that it’s an illusion to assume anyone standing at the front of a real estate club is necessarily an expert or even honest.

Ill use them to guide me..

Dang…so much for DSTs being “safe” investments almost by default/shattered that illusion…