Quote from @Christopher Stevens: Investment Info:Single-family residence buy & hold investment.

that OR consider buying a property you could short-term rent to people who literally just want to visit the casino if it's a large/decent one. 

Of course unless your buying defaulted notes at the get go then again as Chris mentioned this type of fee should be handled up front.. and if it new origination your making and then they go bad.. in your foreclosures you can charge the borrower these fee's when they cure or add it to you opening bid and when someone buys it at the court house you get repaid..

When someone buys a property using SubTo, does that make then legally responsible for the loan?

Buy the property with seller finance & finish it up.Tahoe is a great short rental area

I was living abroad buying/selling real estate mostly land, and some land with structures.

Quote from @Allison Cutlip: Hi all, My boyfriend and I are buying our first home that is a duplex, planning to live in one unit and rent the other side.

I am on fire to get going, and to stay on track with my plan I will have to buy minimum 1 property this year.  

(The power company in MN will offer you a chance to buy the warranty after the furnace/ac is broken and come back the next day to fix for free.)

I primarily invest in buy and holds, but I do a little bit of everything including fix and flips, airbnb's, mid-term rentals, and wholesaling.