Does anyone have a template to use to create a P&S doc when you're buying a property subject to?

Find yourself a real estate agent that understands short sales ASAP, list the house at a price it will sell, find a buyer and go under contract subject to the short sale approval.

Subject to inspection.  

You mentioned UBIT in the subject so I assume you are aware of it and that you probably  will be subject to it if you do a number of flips year.4.

We also have a book on this subject—something for everyone! 

This may also be a candidate for a subject-to type transaction where you take title to the house "subject-to" the existing financing. 

In the process of BUYING a PURE Option to buy a SFH subject to an existing loan (at a lower fixed long term interest rate)Let say the OPTION "Strike price" to BUY the property IF or WHEN the OPTION is EXERCISED is $300K The seller wants $60K to sell us the OPTION. 

I got one subject to right off the bat. 

Go to your local REIA and see if there are any subject matter experts in your area that teach classes or give presentations.Even when the statewide statutes are the same, they often get implemented in different ways locally, so the national courses tend to be just junk.If you are determined to spend money on a course see if you can buy off ebay or alibris or FB marketplace.Lots of misinformation on tax lien/deed investing.

Narrow it down to one niche and become subject matter expert in that field.