Too risky?

When buying subject to the main factors for me are can I cover the underlying debt service with the rent and is there a benefit to being able to control a large asset with minimal capital outlay.Its ultra simple to buy them with very minimal paperwork and the downside risk is incredibly low.

this is VERY VERY risky for sellers.. 

Taking out a HELOC to put a down payment on another loan is a little too risky for me. 

It's just too risky and doesn't make financial sense to require it to become turnkey before buying it. 

Being able to avoid the high cost and tight, risky deadlines of hard money when we buy these is priceless!

Buying a rental property with no to low cash flow potential that only works if the market goes up sounds risky. 

The DOS risk is pretty low as long as payments are being made and the seller is still on the insurance policy (with you as additionally insured). 

I might be wrong here and this could be a self limiting belief, and you might be able to burn/skip this step, but it requires a different mindset, different approach and experience, and higher risk.

ROI: 31 % (each year for 30 years) IRR: 33.6 (assuming selling remaining note balance of 106k at 80 percent of UPB giving buyer a 15.1 percent return) This isn’t an average deal, It wouId be great One bUt we had two very similar to tbIs last yearReason risk is mitigated: house is valued around $120,000, rent is around PITI, home owner lives in property, replacement cost is at or above noTE amount, foreclosure laws of Texas.