It is risky but I am optimistic and excited.

It's a very small risk and that risk is mostly mitigated by collecting rents ( assuming a 6 month quiet title action ).

You don't need any cash or credit and your risk is extremely low.

And is there a less risky take to the matter, or a generally less risky real-estate strategy for a new investor in your opinion?

I didn't even think to dig that deep into the basics, but I'd rather have a firm foundation of the knowledge than an okay understanding of complicated/risky concepts.

Of course there always risk. I

I have a condo free and clear also attached is a HELOC which I am willing to use as a downpayment if I had too but would much rather take the portfolio avenue if possible in order to limit my risk. I

When default risk is low, the discount will be small and vice versa.

We all know the best ROIs come from leveraged money, but obviously makes it more risky as well.I definitely agree that an entire book could be written on this subject alone.

I know it would save time and money, but there's a lot of variables that make DIY doc prep and recording risky, at least IMO.