SUB2/WRAP DEALS = GOING TO PRISON!!? :(

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Hey BP,

I'm in FL and am fascinated by sub2 deals with wrap mortgages.  I am wanting to utilize this as a way to invest and add to my portfolio.  So I was talking with an attorney and he mentioned equity skimming laws in FL for folks in default.  Here is statute: https://www.flsenate.gov/Laws/Statutes/2012/697.08

QUESTION:  Can I legally due these sub2 wrap deals on folks that have not yet gone to auction without criminal prosecution?

QUESTION: Statute mentions payment must be made for 12 months after purchase too.  So if I do make one of these deals I must ensure 12 months of payments or face the possibility of criminal prosecution?

I understand this is not a legal forum... but any FL investors hip on this Sub2/wrap deals please advise. I thought this would be an AWESOME way to handle leads that have little equity.