Tight inventory can definitely be a challenge, but it sounds like you’re taking proactive steps.

Grow wide first, then deep (pay off)- your little expenses add up fast Thanks Marcus, I completely missed the 13 years part - somehow I thought it was all done in 2 years.

Sounds to me like you’re commenting on how the quality of the course is without having seen it.  

That all sounds horrific, but how do you inspect the property while at the auction? 

Renovating a 3-unit townhouse sounds like a great project.How’s the process going so far? 

My advice on sub to is as follows1- COMPLETELY understand the process, implications, liabilities, and possible outcomes before engaging or attempting to engage in a sub to transaction2- Complete disclosure going so far as making sure the other part understands the transaction and possible consequences3- Utilization of an attorney experienced in subject to transactions for setup in such a way that provides some protections in case of default or in case the note is called4- Have a backup plan in case the note is called5 - only use for property that has a TRUE positive cash flow unless the buyer has substantial reserves I myself have purchased 8 properties subject to, but 5 of those were commercial properties which often have notes where a subject to is allowable.  

Bromides and sound bites are not substitutes for thinking.Oh, and by the way, fire ruins are toxic waste.

Yep, every deal needs heavy value add, complete re-tenanting or something else to make sense.

In our first year, we completed 10 flips together—and we haven’t stopped since!

That is completely up to you.