I want to go for it even if I fail and fail terribly I want to try and go for it.

Then again, every month, there are appraisals that stand out as being so poor that you can only shake your head and wonder what in the heck they were thinking.These are people with their own biases and they are absolutely capable of failing to be good at their job.  

Option 3:  If Option 2 fails, offer him a JV position in the deal.

Who really benefits when a borrower who shouldn't be in a plan, gets his plan and fails after a few months or a few years?

More than month later July 2016 1st lien mortgage holder (bank) starts foreclosure proceedings on the owner and Plaintiff failed to perform due diligence in completing a gap title search, thereby failing to name new party to this proceeding, with the Lis Pendens being recorded on July 22, 2016.If the "Final Judgment of Foreclosure" is vacated do I get paid/ reimbursed for repairs done on the home?

Agent failed to highlight the Non-working water heater...

It’s the old adage “failing to plan, is planning to fail”

Most have no real savings or emergency funds so when a car fails or a bill comes in high they will pay that before the landlord especially if they sense weakness or kindness .

If I fail to bring him value I doubt he will continue to mentor me. 

There are many more reasons a Living Trust will fail and the spouse will be put in the poor house.