This can sometimes help with regulations and building codes.Just my 2 cents. :)

Having the property on your tax returns will help to wipe the mortgage expense with proposed rental income, making it easier to qualify for your next primary residence purchase.

Hope some of this insight could help with your decision if you decide to take the leap! 

Finally, BP has various tools available to help you analyze your deals (rental, flips, wholesale, etc), feel free to use them: https://www.biggerpockets.com/investment-calculators Please let me know if I can help, and best of luck!

I selected Lewiston for the post as I didn't see an Augusta option, but I do work all over the state.It was my family's property management business that brought me to Maine and sparked my interest in and passion for helping investors achieve their goals. 

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

Hi Robert, your situation sounds exactly like another gentleman I am working with right now and helping with his 1031 strategy and execution.

It just gives a layer of protection to the property seller that they don't get with a straight sub to (without a wrap).The other option is to encourage or help the property owner go and refinance. 

Find a mortgage broker who will help you with thisGino

Hope this helps!