Lots of sub2 buyers out there think that no harm can come to them if they let the property go to foreclosure.  

Sometimes, a deal isn't in the norm, reality isn't what it seems.If a seller is motivated to do something and fully understands the risk and pitfalls, then there is nothing wrong with creatively structured transactions, so long as :1. the intent is not seen as being predatory and is ethical; and2. the structure follows legal requirements; and 3. the consequences of risks taken are understood and can be managed to prevent any harm. 

The rainy season tends to be October to February, thus leaving yourself the potential of those gutters to be jammed pack and doing ore harm then good.

@Ben LeybovichNo harm no foul, maybe lesson learned ? 

Account Closed et el, Hi Anthony, I know this is an old thread but it had more substance than the 20 "welcome to BP" so thought I would grab your attention if possible.I've been looking at the South Bend market and actually thinking of moving there to invest.

I plan on living in a 2 unit multi-family so I'm not trying to put myself in harms way.

I assume that as long as I don't require any additional security, there's no harm in simply transferring the deposit from them to me?

Who is harmed if they borrow and fail from bank loans.

Cut and paste the contracts from the Internet that you like and hope that you don't do anything foolish or illegal that may harm you later.Easy, fast, and cheap vs.

I actually purchased Darrin Garman's Commercial Broker tool and I have had the same experience with this product.He claims to provide all these great ideas, but all he does is forward mini- "pep talks" and really not much substance on clear things to do except for a couple of hokey ideas about referral contents and giving lectures.