I'm worried about selling it or putting a tenant in it given the serious dangers we've been hearing about as of late.  

You would try and earn a "finders fee" or other term you want to call it, for helping put the transaction together.The only other way I can think of - if there is equity in the home (This may be a bit dangerous to the seller): If there is equity, he puts a 2nd mortgage (line of credit) on the home, pulls out the equity, quitclaims to his mother and brother, and they both must pay the mortgages every month, on time, or the original seller's credit score will suffer, since both mortgages are in his name.

BUT take a catalytic approach so you 1) don't burn out, 2) don't put yourself in danger, and 3) use your time and resources wisely.Best to you.

My rentals have policies that have one premium for "Fire and Lightning" then another for "Sudden and accidental damage from smoke, windstorm, hurricane, hail, explosion aircraft and vehicles, riot and civil commotion."

@Kyle Sutton,With the way phone numbers have gone since the cellphone explosion and telco breakups, area codes aren't very meaningful anymore as a locator.Even landlines in Puerto Rico can, for example, have a "Seattle" area code.I wouldn't be too concerned.

Danger, Danger Will Robinson" (the robot used to say that on Lost in Space.)Taking a foreclosure Subject To is a very advanced technique with lots of pitfalls in a state like California.

As previously stated, many of these PM Agreements have an indemnity provision and from the consumer viewpoint, they're very dangerous.

Gary, I actually don't buy in the "dangerous" areas of my town, but I do live in a dangerous city nonetheless.

I would not consider the areas I invest in highly dangerous, the majority of the families are lower income working class people just trying to get by.

This is all done in as little as 15 minutes and are selling these dangerous numbers on the internet for $500+.