The more savings you have right now the easier it is to take that risk.

This means you the property would need to appreciate to $225k before you could take anything out of it.Also, just my opinion, I won't do long term deals that require appreciation, that's a big risk.

Underground tanks and tire disposal are both considered risks.

If you figure out how to do that consistently without taking risks that could collapse the empire, let me know and I can probably help you arrange a few billion in equity..

Don't get me wrong, I have made a lot of money in low income areas, but the long term risk is not worth the hassle in my opinion.

It all depends on where you are buying, your risk tolerance, how much leverage you want to use etc.In some areas, $20k, can buy you 40 homes in cash.

Not to mention, soliciting the sale of an LLC falls under securities laws, an unnecessary risk in and of itself.

For rentals, I prefer electric as the risk is lower.

Lots of investors out there that will give you a good return on your cash with very low risk (If you do your homework) and not tie it up too long.

A lot of the contract's value is post closing if things were not as represented.No one can say whether your contract will do the job without seeing and I'm Not saying it's impossible, but you are taking on contract risk if you go it alone.