It would be dangerous to have 97.5% leverage on a 5 year balloon.  

That is the danger of these cheaper properties, Capex takes such a big bite out of your income.

Is there a danger of this insulation being asbestos?

The types of loans that I’m suggesting you look into investing certainly comes with their fair share of danger.

Louis is on fire right now, and there is some explosive revitalization happening in Tower Grove, Benton Park, and Fox Park. 

Unless you are in the RE game or have family in it, flipping is dangerous business. 

and you don't have surprises after purchase, the main danger is overimproving and feeling the need to rebuild everything because it's old. 

Well you should really look into that explosion you're having - look up North Dakota's oil industry from a few years back to know what I mean.

Even if the issue is on 2 properties out of 10, well they maybe exactly those rare opportunities that other investors overlooled.Same for Airdna or mashvisor.These tools are even dangerous because they present the results in such a nice professional way that a novice investor will trust the quality of the visuals, regardless of the quality of the underlying data that they ignore. 

@Umi Essien  You are getting some embarrassingly dangerous advice here.