Why would I borrow my own money = equity when I can borrow others peoples money.If I borrow from one property to buy another I'm putting more risk on the property I borrowed against.

There is little to no risk of the house disappearing to another buyer if it was on the market for 260 days.

Keep in mind that if you sign an agreement with a buyer's agent, and the agreement specifies that the agent is entitled to 3% of the selling price, and then you find a house where the seller is only agreeing to pay a total of 5% (2.5% for each of the agents), you will be responsible for paying that additional .5% out of your pocket.That said, you could probably negotiate this contingency beforehand, and I imagine that a lot of buyer's agents wouldn't actually make you pay the difference, but it *is* a risk.

Is is very easy to reduce or eliminate expesnses as well as risk when renting out a property.As investors we should always be looking into ways to eliminate risk as well as expenses.The first is to find a great not a good attorney a great one to handle evictions.When renting out cover your risks up front with huge deposits.don't rent to anyone your not 100 percent sure will care for the home and at the first sign of nonpayment of rent or not caring for the property give notice follow the rules and evict.If you give an inch to renters they will take a mile.You must not tolerate anything from your renters they are like small childern or puppies, always testing to see what they can get away with.If you let your puppy pee on the rug without punishment then it will get worse every time he gets away with it.If your renter is late serve a three day pay or quit immediately do not delay a minute......show them your serious about following the law and that you know what your doing.

Now I'm Master Leasing to get cash flow and down payments on RTO without much risk and definitely no negative cashflow.

Personally (and I think a lot of people here would agree), a return like that isn't worth the effort of having to manage the property (you could get a slightly smaller return from a savings account), and the big risk is if you have any deferred maintenance or unexpected expenses, at which point you could easily go cash flow negative.While I've seen a lot worse deals asked about on this forum, this one isn't particularly great...especially in this market where great deals are available on every corner.

What could I do to minimize some of my risk?

It keeps your risk very low.

Are there any other risks or negative information for the homeowner/seller?

3) in terms of risk/reward, how much do you think I could get for the NNN lease income on such a property - would my example of increasing the on-site manager's income from $60K to $110K be sufficient reward for the additional risk they take on with regard to vacancies and maintenance expenses?