Better ask how many ways are you vulnerable. 

That is my leaning as well, that I'd rather provide them than have my property go up in flames!

Next downturn won't be likely anywhere near as bad but I could see them being more vulnerable than L.A 

@Rick Pozos, I'm developing some content for which I'm doing a vulnerability analysis of Subject To and other types of deals.

It seems to me it’s all about the volume and I think they are very vulnerable to any market slowdown.

@Darren Budahn Do you know if you are vulnerable to being sued if a tenant injures themselves on your property due to snow or ice?

Statistically, an abused woman is at her most vulnerable to serious injury or death is when trying to leave. 

lolIt really is preying on the naive and vulnerable.

The biggest drawbacks are higher maintenance, they go down in value not up, and they are very vulnerable to damage from neglect.

http://www.dre.ca.gov/files/pdf/forms/re860.pdfFor fractionalized loan in CA this is the form that must be used... this is as you may or may not be aware the most vulnerable position a lender can be in.notary of the docs is standard NOT THE NOTE  just the Deed of trust and offers no special protection other than the person who signed it has been witnessed by a notary.read the form VERY carefully that the state of CA provides.. suggest you talk with attorney on this.I normally am not one to advocate attorneys on the west coast for vanilla deals.. but there is a significant amount of risk in this deal.you will want an intercreditor agreement with the first lender.See many BP post when these don't go well and they have no agreement up front with first lender.