What are the typical timelines, and are there any tips for navigating this process more smoothly?

This will be much a much easier loan process to navigate.

I'm still current on my payments but by now all the hope is lost.all of my life savings are gone, and now I'm about to have collectors on my back for the rest of my life.I need an advice how to navigate through giving up on the properties.Dennis

There are obstacles to navigate and those can also be overcome.

While the barrier to enter is higher, and you do have to navigate the tenant laws, there is nothing better than long term appreciation in CA.

I dont have the knowledge necessary to navigate the historic ordinances and rules there, so I've never done what youre about to do.  

Navigating rental assistance seems to be tricky thing, so would love to learn how it ends up.

Please bear with me as I am navigating this for the first time but don't want to be caught in the crosshairs and still protect myself and the property.Thanks in advance for your help.

Looking forward to connecting and learning from all of you as we navigate this real estate journey together!

It's advisable to work with a real estate attorney who is familiar with subject-to transactions to navigate any legal complexities.Risk and Liability: As the original borrower, you retain liability for the mortgage even after selling the property "subject to."