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

One of my friends suggested that if we form an LLC and pool our resources, we could buy more property, lower individual risk and get better returns.

You start with what you think can sell the house for and work backwards.I personally factor in my risk into how much I determine that spread to be.