There is a distinct difference between low price and higher priced rentals.

One property in an especially dangerous looking area, I actually went, snuck into the place at 6 in the morning (the safest time to go), took pictures, did a whole write-up, and the guy never even returned my emails after that.

I remember watching about radiation and granite counter tops a few years back.The tops had high levels of radiation which they attributed to what they were using to cut the granite slabs.They had a meter and above a certain reading was dangerous and could make you sick.

That said, the 5 and under crowd would pose the most 'danger' to carpeting just because of the spill factor (again a parent who has rules and cleans up promptly won't be much of an issue).

The responses seem to help make that distinction.

Hey Ruben,Placing the property under your personal name is dangerous because you become personally liable for the property.

@Spencer Gibson unfortunately, no easy way to get an "accutrate estimate" without getting an approved quote.Estimating Flood is dangerous. 

Maybe, you may find yourself in a very dangerous situation. 

Out of curiosity, and in response to the others insinuating that this is dangerous/risky, are they asking to see/document your plan to use the funds to improve the property, to turn 125% LTV into, say, 90% (basically using ARV)?

If you are looking for a better price point, there are other neighborhoods and strategies that are less dangerous.