I very much have a long term play and "don't care" about the cash flow immediately, but obviously I don't want them to negative. 

Easy to tell that he is authentic & cares about people.Casual Fridays REI.

I'm a little thin to do this project myself. Would love to wholesale it to someone. It should be about 60k profit, about a month and half, 2 months conservatively, on rehab. Deal is in northern california and looking ...

I believe if your mother-in-law runs out of money that Medicaid will step in and pay for the nursing care.

Review them carefully. 

@Sonja Revells , after reviewing the agreement you uploaded, I realized it could be a bit tough to fight for your EMD due to these sketchy clauses.

Greetings BP community, I recently joined a national senior care living development team.

Most work with us, some do not.Be careful also as they may tell you to keep their security deposit as last month's rent.

Family owned, great reviews.

They do have to step in and pay on the underlying note while they foreclose on the wrap this to protect their credit and theoretically project their equity The issue with all this sub to and wrap stuff is under capitalized investors or investors that dont know enough or investors that have a no morals and just look at these like if it works great I have little money into this no real equity and I am not on the loan so if it does not work I will just walk off .. or really bad actors that get into title rip rents and never pay the underlying I have seen that more times than you can imagine. this sub to  wrap stuff is just super dangerous and I dont care who is training people on it there are just to many things that can go wrong when your sub to deals or wrap deals are with owner occs and their mortgages.. seller carry backs like we did worked fine and the deals were smaller in those days.