Same situation goes for owner financed deals or subject to, you need to bring value to the seller and your agent can convey that value in an attractive way.

@Joe Butcher,After reading the lawsuit you posted it looks like the women might be gold diggers because they went to a strip joint and to a hotel with the subjects, and it looks like a set up.

But if I EVER encountered situation like that, make no mistake about it, I WOULD COLLECT MY FAIRLY EARNED $1MIL)) The fact that it will never happen is another subject.

I will add it to the BP events today but wanted to extend the invite.I agree with those that have already posted; surround yourself with a room full of people that are smarter than you in the subject you are aiming to become proficient in.

I take the average price per square foot for those best comps and apply it to the subject property.

Also, if the subject property is in California, or any other DOT state, you have some additional considerations with the conveyance. 

Even with private/seller financing, if you're househacking, the lender will still be subject to the ATR rule and ignoring this will cause problems for everyone.

I think we are pretty fortunate that he seems to be a "Whatever" type of guy when you ask for his input on the subject.  

And if I understand this correctly I wouldn't be subject to any penalties if I decided to go from short term 7 days or less to a long term yearly lease after having offset my W2? 

There apparently was a guy that was very active on BP with over 4,000 posts, regarding buying subject to properly, but has either been booted off or canceled his account.