Becoming a landlord to the existing residents is the most dangerous. 

.……………………………. 334Chapter 16 Street Smart Business Tips, Rules and Success Secrets 336Disinformation Dangers………………….……………………………. 336People Exaggerate Problems………………….……………………….. 337Competitor Disinformation Tactics………………….………………… 337Be Careful of "Experts"………………….……………………………. 338Who Should You Listen to………………….…………………………. 339Specialize Only to a Point………………….………………………….. 339Weeds in Your Business Garden………………….…………………… 340Develop Problem Solving Mentality…………………………………... 341Exploit Your Unique Business Advantage……………………………. 342Competitor Surveillance………………….…………………………… 343Join Associations………………….…………………………………… 344Use Systems, Policies, Checklists, Forms…………………………….. 345Chapter 17 Select the Right Business Form………………………. 347The Four Main Structures………………….………………………….. 347What is the Best Entity Choice………………….…………………….. 350Create a Fictitious Name………………….…………………………… 350Landlording and Entities………………….…………………………… 351Chapter 18 Shrewd Marketing Secrets………………….………... 352Marketing Rules #1, #2………………….

Thanks, Bob - I'm in Texas and this site, at least, indicates contracts for deeds are dangerous now (after 2005).http://www.lonestarlandlaw.com/Executory.html"Contracts for deed, lease-purchases, and lease-options have long been traditional tools of Texas residential real estate investors.

If you have accurate numbers, you can write impactful, precise bids that stand a greater chance of being accepted and allowing you to turn average returns into explosive profits.

You can't make em buy and you can't make em sell".It's dangerous to fall in love with the property.

The whole area is dangerous, (burned out buildings, vacant/abandoned properties, high drug/crime activity in the open, etc).

If you buy a park and the tenants have "dangerous breeds" how do you handle that?  

I follow national reports and entities as well --> --> this shows top 10 MSA's in danger of a pullback https://www.trepp.com/trepptal... - after massive rental run up - most MSA's are seeing some pull back in monthly rental price movement. 

Manipulating numbers to make the investment work is dangerous to success.

Hi all,Working backwards from an initial goal of $300 per month, $3,600 per year, I would need $18,000 in starting capital if my average return is 20% per year from NPNs.Sounds doable in terms of saving, but my concern is that if I buy 2 or 3 notes, probably NPN junion liens, each one will still be too small (really bad quality or bad collateral in a dangerous area).