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.

Without going down a rabbit hole here and overwhelming you, there are also creative ways to buy properties without needing to get traditional lending, but these types of deals are harder to come by and usually come with more risks. 

This deal stood out due to its strong resale potential and minimal risk.

HvAC guys, plumbers and electricians are busy but licensed so no huge risk especially if you pull permits and have work inspected.

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.

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.

Risk is the rehab part.

Low risk property. 

The world values your money at 3 or 4% with no risk. 8 or 10% with moderate risk.

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