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Jerry Pincus, a real estate expert from Myrtle Beach, shares a cautionary tale about a client who almost lost money by pursuing rent-to-own, land contracts, and lease-to-own deals without proper income verification. The client was attracted to a condo within his price range but later discovered that it was not legit because it was listed as owner financing in the MLS. Jerry emphasizes the importance of being cautious and ensuring financial stability before making a purchase.