You could speak to the renters, explain what you found, and see if they are willing to step away.In the big scheme of things, is the renter a danger to you, the property, or the community?

And this is not the case for a true flip, as in Basit's #1.Mentioning #2 creates a dangerous incentive to ignore the rules applicable to flipping and rely on a flimsy declaration of "intent" to hold the property as a rental. 

State policy is a lot more dangerous to us landlords than federal. 

There are also a lot of problems with this model that make it dangerous or possibly illegal.Third, BP is full of free information and you shouldn't need to pay for a course when all the information is available for free or in a few books.1.

Those little parcels of land are dangerous at auctions.

Still, the interviewer congratulated them on their success.As a syndicator / operator, I've always felt this was a dangerous arrangement for the investor.

For years I told people the most dangerous spot for a real estate investor is 1 or 2 units.

WikipediaLow crime rate: Never invest in any city on Mapped: The Most Dangerous Cities in the U.S. list.Low operating costs:Property taxes: State Property Tax Rates - Rocket Mortgage.State average insurance cost: Insurance - ValuePenguinIf you follow this process, you will have a short list of cities for further investigation.An Additional ConsiderationOne additional consideration is an experienced investment team.

On purchasing existing, it's VERY dangerous waters.

Lastly if any dangers, from ADT Crime map I found San Antonio to be a bit more safer than Dallas and Houston.