I've thought of it before but with a family moving so frequently isn't really doable.

I heard about this economic forecast initially a year ago and have only heard the concern more frequently now.

I even take into consideration if they smoke, drink, frequent dance clubs, and when they get paid.

This actually happens frequently but the opportunity will be proportional to the amount of experience you have (i.e. how many properties you’ve flipped) and how long you’ve been doing this (i.e. how many contacts you’ve developed over the years).Lightening could always strike, but the chances that any experienced lender will loan 100% of the purchase and rehab to someone who’s never done this before are pretty much zero.If you happened to find a really killer deal, it would be easier and safer for you to find an experienced money partner.

The primary issue is even though there is positive cash flow on the 10 properties the existing debt on the portfolio is approximately 8 % OVER FMV I'm interested in hearing the opinions of the community about this type of subject to scenario which I'm sure comes up frequently otherwise the seller probably wouldn't be willing to do a subject to.

_________________________________________________________________When they respond just say sorry, this house just sold but I frequently find deals just like this, is it ok if I put you on my buyers list and I can contact you when I find another deal?

That's something that happens pretty frequently, but, prior to this ruling, was actually not allowed.

Frequently agents will also introduce themselves, so you will know who to approach.

In our case, my ERISA attorney even recommended getting a business credit card that didn't provide frequent flier miles as an incentive -- he claimed that if we personally used the frequent flier miles obtained through a credit card used for our ROBS business, we'd be violating ERISA law.- Make sure you truly plan to operate your business like a business, as you will be required to do all the paperwork, filings, board meetings, public filings, resolutions, etc. that any C Corporation has to do (no, you can't run a ROBS under an LLC).- Make sure you plan to make money in your business. 

Then even if it sells right away, you frequently have to sell more than once when your first buyer's financing is declined.Second, you haven't accounted for any carry costs or closing costs: transfer taxes, recording fees, attorney and/or title company costs, property taxes, empty house insurance, utilities, etc.Third, if you pay 13K interest on 67K for 4 months, that calculates out to 77% interest.