This is a very dangerous time to be a real estate investor.

I haven't done any of these strategies but I have educated myself to a point where I can be dangerous. :)

Essentially places that a person wouldn't want to go beause of the danger associated with the area.  

When it came time to sell mine, the owner-occupant : investor ratio was dangerously out of balance.

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.

The tenant was doing just that with no problems until about a week ago the landlord got a call from the state police that there was suspected drug manufacturing and trafficking of a controlled substance.

Its always seems like as soon as you do phase 1 they find something that makes you jump up to the next phase so just be ready to pay more money.I have done a couple of these and I think they are a huge waste of money, but the lender I used required it.One them they said a liquid substance was on the parking lot and unable to determine what it is so they required more money and then when they returned it ended up being a dried up puddle of water. 10k later to tell me its water.Second one I did was by a railroad track and they made me go the full blown process because they found some coal on the property.  10k later they said it could be coal that fell of a passing railroad car.