If its done by a reputable company it should be sufficient.

I think telling people the truth probably cuts into profits and enthusiasm for “Dear Leader”: (That’s a “cult” term)Since the Subject To purchaser makes the mortgage payments and owns the property, the IRS deems that sufficient enough to take the deduction, per my recent IRS audit which includes a large portfolio of Subject Tos and various other creatively financed properties.

US Treasury bonds looked so bloody attractive above 5%.Would be nice having $10m+ and parking in a 30 year bond and sleeping in till 10am for the rest of the life heheHow do super rich folks go broke...? 

My wife and I prefer to scale slowly but with rock solid finances so that we can sleep at night.

Kris Krohn sleeps 4hrs per night.

Note that conventional loans allow 5% down for multi-families now...It sounds like even with your father's help, you still don't have sufficient funds, much less also having additional reserves...What, may I ask, is your job? 

Best of all is that there is no self sufficiency requirement.

Another issue is where will they all be sleeping? 

I personally like the all cash plays. sleep well concept. but mathematically leverage of course creates higher returns if EVERYTHING runs right.

While at Auben, I rarely lost sleep over inspections because our size and scale allowed me to see every home somewhere (often everywhere) in the process.