There is risk but there is also reward in the form of additional revenues and additional bookings.

Bigger risk, (typically) bigger reward. 

Take the time to research and make informed decisions, and consider seeking the advice of a financial advisor to help you create a well-diversified investment strategy.Remember, investing in real estate can be a long-term commitment, and it's important to consider all aspects of the investment, including risks and potential rewards, before making a decision.

There were a lot of hoops to jump through but it has been a rewarding process.

Out your way I suspect its a tad more complicated with certain city and municipal liens not being removed at sale.VERY high risk  but can be HIGH reward.. although universally everyone I talked to around the country says that the sales are so highly competitive that many times newbies bid stuff up over market value.. so be ware.

Risk = Reward in my eyes. 

These strategies should outline the process for selling the property, buying out the other partner's share, or transferring ownership in a way that protects the interests of both parties.While partnering with family members can be rewarding, it's crucial to approach it with a business mindset and take the necessary precautions to protect both your investment and your relationship.

Individuals in real estate are usually more willing to take on risk which is often rewarded.

Finding a partner in real estate can be a great way to leverage your skills and resources, share risks, rewards, and achieve your goals more efficiently.

Take good care of the original woodwork, nicks and scratches add "charm".