And this doesn't even address the risks they take coming to this country, like the women and children that are sexually abused or trafficked, the men that are killed, the drugs that are hauled over, etc.2. 

You open yourself to much more risk in not being able to finance out of it and being stuck with hard money and those fees/penalties.

And if you do, you are going to possibly sacrifice the value of the tenant that you get for the price that you're getting upfront, and if you're going to lose your tenant that you currently have then you risk the vacancy, having to do a rent turn, and that would come with more maintenance, and many additional costs that you would have To encumber that would most likely far exceed that $160 extra that you were trying to raise in the first place. vacancy means no money coming in, and then your investment is dead in the water.

What kind of insurance do you carry? 

This establishes the legitimacy of the arrangement and protects against audit risks.

Then she still only makes 2% extra for taking the risk of you not paying versus a bank.

Case in point, years ago we used Olympic paints from Lowes, which were carried for a long time.

You risk the chance of being sued for not letting someone apply that asked.Hope this helps, feel free to reach out if you have any other questions

And also, know everything about operating real estate, if you really want to know the risks: business plan, financing structures, ability to execute, market research to vet their underwriting assumptions, how fees can influence investment decisions...3.

But any improvements are at your risk.. the redeeming party just owes you your cash plus in our state 9% and any VERIFIABLE expenses you paid to protect the asset.