I did a quick search, and saw that if its "dangerous" you can negotiate to have these items fixed at owners expense (if its considered to be something that would have to be done before the next buyer).

As a general rule, I think you should use more leverage starting out when you have fewer assets and then use less leverage as you get older and your assets grow.

Dangerous areas bring a lot of uncertainty to any project.

And we are both well aware of the dangers of being exposed to rent inflation for the next X years with nothing to show for it after.

I have found a dangerous lack of knowledge by attorneys handling lien work in each state.  

I know enough to have an intellectual conversation but maybe not enough to be dangerous just yet.

I really try to invest in areas with fewer rentals.

the latter could be dangerous as you should have your ducks in a row before offering any funding or jumping into a deal yourself.... anyways, hope this helps.

Other outcomes would involve taking 3 to 5 years getting ownership cleared, paying attorney, taxes, insurance in the mean time, and finally getting possession of a property so deteriorated that its declared a dangerous building and leveled by the city government, resulting in a near total loss of all invested.  

Dev:When I market to NOD or Pres, and I say, "And, I can save your credit if you are in danger of Foreclosure," I can get into trouble?