Stay safe and sane out there! 

As i said, he isn't wrong, "IF" there was an option to just save up a few hundred thousand and buy that property cash with zero mortgage, yes it is "safe" in the manner that you can screw up and be horrible at finding tenants, managing the property and just overall life as a real estate investor, because there isn't a mortgage payment forcing you to feel the pain of failure monthly.

The passage of the Dodd Frank Act and the SAFE Act did drive out a lot of owner financing that was going on.

no real way around it unless your in the business and you can offset some of your interest income with business deductions but you still have to spend the money to deduct it.. although driving to your loans may allow some car write off perhaps.but really your going to make money and pay tax's its better to concentrate on the collateral and a safe investment so you actually have some income to worry about.. 

In my Humble Opinion of 30 years of doing Subject To, one should NeverNever Over leverage Subject ToNever do Subject To without adequate liquidityNever do Subject To without adequate reservesNever do Subject To without trainingNever do Subject To and try to take out a secondNever do Subject To without proper disclosuresNever do Subject To with a foreclosureNever do Subject To with a “protected class”There are other “never do’s” but they seem to be ignored in the general discussion of Subto and people will find out why they should not ignore them, if they are even aware.Get “properly” trained on what is safe & legal about Subject To, before jumping in.

With current safe returns where they are such as CDs, that is where I would park the money.  

Establish a way for vendors to be able to enter for cases like this (a lockbox mounted in a safe place at the property for vendors to access)3.

Because laws and customs vary considerably by state, the first thing I would do is find a good RE attorney who is well versed in private lending IN YOUR STATE.Knowledge of SAFE act considerations, Usury laws, etc can save you a boat load of money and headaches later.I would probably also suggest either placing your funds with a lender who has a pool (you'll get a lower return) or working with a broker very experienced in private loans.

I did a horrible job at vetting this tenant for my ADU, however, I have done nothing but right by this tenant and has numerously asked that she put her boyfriend on the lease to ensure he is covered for rental insurance to keep me safe.

Treasury Bonds:Assumptions: A very safe investment.