If I am clear with people on what we're doing (plain language, simple numbers) is this enough to be non predatory?

@Franco Urbaez You are definitely incurring more risk, but I do not feel it will correlate to higher insurance premiums.Insurance carriers will look for you to have a waiver for tenants to sign and definitely signage stating "Use at your own risk" type language.

I have knocked on doors(a summer gig), sold cars(successfully |salesman of the month out of 40 twice in 12months| & consistently just wasn't around enough winners to want to keep at it), worked in construction (I am currently helping renovate a home in Yakima, Washington), coached high school football, cleaned carpets (straight commission) and recently started a business online and learned several programming languages (HTML - CSS - JavaScript - Ruby - and bit of Python and backend database SQL stuff) and can design a fully responsive website from scratch.

Yes, the title co. can tell you who traditionally pays what costs, and include that in the contract language so it all clear and spelled out up front.

That's how I got started (1978).The legal information that you to study is primarily found in CA Civil Code Section 1695 as it relates to Equity Purchase Agreements.Also, study CC 2924(a) et seq. as these are the laws pertaining to non-judicial Foreclosures.I believe you can still download a copy of the Equity Purchase Agreement which includes the statutory 14 point type font language at Ward Hanigan's Foreclosure Forum website.I still think the most successful people who are looking for super-bargains (meaning properties with lots of existing or created equity will do their best work by a combination of mailing, calling and knocking as owners are getting pounded by direct mail pieces.

I'm 25 years old and I work full time as a speech-language pathologist at a skilled nursing facility.

@Brandon Holley -- In California, the contract needs to be in the same language as the negotiation (which may be part of your marketing / advertising).

If I can obtain the right language in the document to make sure it's a non-recourse (qualified) loan from the owner....is it possible?

To nip confusion in the bud before it happens, I make sure that there is explicit language in my Statement of Work (engagement letter) to cover this stuff.  

@Roman JohnsonAny lease can have sub leasing rights.Have a separate option to buy.See an attorney for AL language.