Hi Adam,Tri-plex is small so risk is not as big.

I know that the WH types claim this is all very low risk, I don't see it that way at all.

That could potentially be more risky than going out of state for single family.

I'm a big Dave Ramsey fan, and try to run my personal life according to his advice - though I'm a little more risky when it comes to my real estate (though, not much more.)

A lot of what you read about it will make it sound like it has to be this really complicated risky process, and it can be, but there are certainly ways to mitigate at least parts of the risk.One advantage you have is that Charlotte is a great market to buy in right now!

I'm glad that the article mentions how risky it is to tap a 401K.

I'd rather cross t's and dot i's on loan paperwork than on legal paperwork while preparing a defense.I definitely appreciate your advice and the healthy dose skepticism I see in most of your posts, however, what I'm looking for is the correct go-forward path, not the don't-do-it-it's-risky path.Just because 50 title companies say they won't perform a double-closing doesn't mean it can't be done and it certainly doesn't mean double closings are illegal - it just means you need to search for a title company that's smart enough to handle the deal.

We feel a lot more comfortable with the tax liens and the way we purchase our risk is very low.

When you start working with unqualified people to buy you're getting into risky areas.

The risk is low since they are an experienced group who open franchises all over and with personal guarantees.I think it's a great opportunity but I know it will trade for good money done the financials, but I wouldn't be able to put a big down payment.