Always expect a project to run into issues, cost more than expected and sell for less than expected and you will make money.The biggest advice I would give first time flippers is try and get with a seasoned flipper in your area and see how the process works . . . buy a few lunches and roll up your sleeves if possible and it will be a cheap education that will save you a fortune in the long run.It is easy once you get the machine moving but making sure you do not find yourself with the machine in flames at the start is key.

But questions remain about market vulnerability and community resistance to what some see as "hotel-ification" of neighborhoods.Read more about whether fractional ownership represents the future of vacation homes on the blog and then come back here to debate it. 

Here are some of the chargesBuying foreclosuresFalse & Misleading StatementsUsing Invalid ContractsExploitation of Vulnerable AdultsBankruptcy FraudProbate Court FraudTitle FraudUnlawful EvictionViolation of Consumer Fraud ActViolation of Consumer Fraud Act RecruitingViolation of Consumer Fraud Act OmissionsViolation of Consumer Fraud Void ContractsViolation of Consumer Fraud Foreclosure ConsultantsViolation of Consumer Fraud Unauthorized Practice of LawRacketeering - Scheme or Artifice to DefraudRacketeering - ForgeryRacketeering – Illegally Conducting an EnterpriseAlter EgoLis PendensAll parties are assumed innocent until proven guilty in a court of law I am sure if you searched some of my prior posts I have been warning people about approaching people in foreclosure claiming to "help them" by taking advantage of them, even if you were trying to do the right thing, it does not matter in many instances as you may be perceived of taking advantage of someone in distress.I would also bet a very large sum of money we are going to see more of this occur just like we did ten years ago with CFD's getting into legal hot water, especailly as market softens and foreclosures start to ramp back up.Here is link to a summary of article:Attorney General Mayes Sues Real Estate Operators and Title Companies for Defrauding Arizona Homeowners | Arizona Attorney GeneralSubTo, Subject To, Foreclosure Yep.

It is also possibly an APS situation if elder or vulnerable person can’t care for their self. 

Operating a sober living home is a great way not only to generate income for yourself but to provide stability and security for individuals who may be going through a vulnerable time in their lives.

Kudos for doing the right thing because it was the right thing to do and helping a vulnerable family. 

Without the right safeguards, your hard-earned assets could be vulnerable.

You probably are on top of all of them, but in case you've missed one:Equity skimming, Bank fraud, Wire Fraud, Protected Groups, Artifice to Defraud, Authorized Foreclosure Consultants, Disclosures, Vulnerable Adults, and of course the obvious categories like Oral Promises, Mutuality of Obligation, Forgery, Seller Unable to Cancel, Disclosures, etcHere is one lawsuit that covers what I mean:https://www.azag.gov/press-release/attorney-general-mayes-sues-real-estate-operators-and-title-companies-defraudingThe full lawsuit is a link at the bottom left of the announcement if this link expireshttps://www.azag.gov/sites/default/files/2025-06/CV2025-0084... 

But please be aware that (1) real property purchased using 100% leverage will almost always have net cash OUTFLOW on a monthly basis, be vulnerable to tenant loss, emergency repairs, and general deterioration.  

Without the right protections, your personal wealth could be vulnerable.