You could structure a low down payment with interest-only payments for a set period, then refinance later.Master Lease with Option to Buy – Control the property now, generate cash flow by leasing it, then buy once it's stabilized.Sub-To or Wrap Mortgage – If there’s existing debt, you might be able to take over payments or structure a wraparound mortgage to benefit both parties.Hard Money or Private Lender for Reno Costs – If you secure a seller-financed deal, you can use private or hard money for the rehab without tying up your own capital.BRRRR Strategy with a Bridge Loan – If you can get the purchase price down, use a bridge loan for acquisition and rehab, then refinance with DSCR or conventional financing.Would love to hear more details to help structure something solid.

Since then, they have operated under government control, but privatization has been a recurring topic of debate.Why Privatization is Being ConsideredSecretary Turner, along with some policymakers and industry leaders, argues that privatizing the GSEs could reduce taxpayer exposure, increase market efficiency, and encourage more private sector participation in mortgage lending.

After doing some research I realized that the first lien lender has so much control over the purchase price.

As mentioned, that is not in your control. 

Assets identified in this study include:Appliances: Dishwasher, microwave, oven refrigeratorInterior Finishes: countertopsFurniture and Fixtures: shelving, built in cabinetry and decorative light fixturesSpecialized Equipment: Electrical systems and specialized wiringHVAC controls and specialized components63.6% of the total depreciable basis was classified as 39-year class life.

•You’ve fully paid off the mortgage, eliminating lender control.

Since you retain control of your money, how does one consistently maintain 30-50% cash on cash return? 

If tenants controlled themselves and behaved as they should most would probably be OWNERS not renters.

However a couple larger items that should have been discussed: the pipes would freeze every winter (we've since found a fix), no water shutoff exists in each unit, the well pump has to be turned off and cut water to all 18 units, no pest control was ever done on the property, there was a unit that would take on exceptional water during rain due to improper prep and installation of a new concrete slab.

Subject-To is for giving someone who would not normally have control over the loan control over it.