It's probably is in play for folks who sell real low priced properties IE $45k and down where risk is much higher and the amount of equity you take back so low that you are in the hole vs the un paid balance if there's a default/foreclosure.

For the second half, if the deal really does offer solid cash on cash now it is more robust when the bubble breaks but still risky.  

I have liens on the properties so I am paid first.Although I have been successful on each of deals I have done I consider this to be more risky then the rest of my real estate business.Hope this helps.Bill

It is definitely risky since they are not secured, but I figure if I add $25 here and there I won't miss it too much if the risk goes bad.

I think ink Detroit might be worth the risk. I

It can happen, and it's a risky move.

I have decided not to take that risk. I

Wether online or tax foreclosed auctions, they seem risky but the prices are lower

This is highly risky as I only want to spend money on specific violations.

I'm passing on deals because they seem so risky.