As the lender, they want to know each borrower's history to judge the risk of the loan.

On the other end, the contractors would love to be paid 100% up front.At either end, someone is taking all the risk with no reward up front and these are inherently win/lose scenarios.So, contractors want to get something up front for their labor and materials.

It is considered to be high risk and you will pay a lot more for it.

Having a financial partner to put up 100% of all the acquisition, repairs, maintenance, reserves, and financial risk is a great asset for you.

That type of equity and cashflow result in multiple exit strategies, very low risk and ability to make it well worth an investors time.

The issue I see is you're placing your house at risk if the investment doesn't pan out.

Speculating involves definite high risk with possible high reward, usually over a short time frame.

Am I being to conservative, should I risk it by myself after I sell this property?

Should I risk getting involved in this, or should I run as fast and as far away as I can?

Hopefully we can find a middle ground, and to ensure I’m not putting myself at risk by letting her brother and his wife stay for 3 months provided they’ll pay the rent on the 12th and this IS going to be the only late pay that’s off so many days.Paul