Yet you continue to insisit that your method is the ONLY method and that none of these others have any merit.For those reading this thread, understand that there are many ways to successfully invest in real estate, and it is dangerous for you to listen to a single source, especially a single source that preaches a single method of investing.

Getting a hard money loan sounds expensive and dangerous.

And you're absolutely right that you'll get more cashflow with more properties (assuming all things equal with deals, which we all know is a dangerous proposition.)

I've had three times now when roofers (probably the most dangerous of all jobs involved in a rehab) have handed me perfectly good looking proof of insurance forms and they didn't have insurance!

Cabinets falling off the wall, plaster chipping onto the floor, and water heater on the brink of explosion.

Most experienced investors know enough tax to “be dangerous”.

But if you hide anything from the lender, you're headed down a dangerous road.

Google mortgage fraud if you want to know about the dangers of lying in order to obtain a loan. 

Oh, if you see flames it's too late, the weed grower will have started and electrical fire messing with the wiring to bypass the meter, and the meth lab will have had a chemical explosion of some sort.

The danger then is that after you take the property back at auction or you bought it at auction, the borrower then exercises his right redemption and takes the property back from you.