It's the essence of the game that we are all playing here.

If you don't have the same skill set, game plan, and execution it won't work.  

Lots of gotchas in the redemption rights game, but lots of good deals as well

My objective was simply to get in the game, and therefore the short term loss was well worth it for me.

If you can pass the utility off to the customer then you don't have to worry. 

I live in California and minimizing liability is the name of the game here because the state is so favorable to tenants, even when you go out of your way to do the right thing. 

I am a custom staircase maker and have been blessed with the ability to binge real estate investing books all day at work, and finally got hooked on the bigger pockets podcast as well. 

They have more skin in the game then you do.Make sure you get clear title.

Farmers branch, Texas The property sits on a creek and park Pool and Jacuzz New windows10 year old roof1 ac 2 years oldMy guess on avr495 -480kWhat customer needs 410kRepairs Guess of 55kFloorsTile in kitchen Wood floorPopcorn on ceilingWood panelingBathroom remodel It’s about to be foreclosed by the reverse mortgage.

I had to build some credibility and have some skin in the game, though.If I were in your shoes I'd try to find an investor to partner with who can carry the loan, and you can bring some or all of the down payment.