Originally posted by @Chris Miller:I Bought a house subject to 6 months ago. 

Quote from @Luis Herna: You will have to meet the lender's qualifications, just like the original borrower did.

Originally, I was using the 1% rule to try to come up with a number.

It is a good way to run an experiment—provided that you know enough not to lose your original investment capital.  

I have dropped my rental price (from the original rent listing price recommended by my agent), but I still don't see much traction. 

Depending on the facts and circumstances of the agreement, it could either be treated either1) the sale occurs as of the original agreement date, and then your taxable gain is generally spread out over the life of the principal payments as an installment sale (although I should mention any depreciation you've taken on your property could affect this), or2) the sale does not occur until the lease option is exercised, and gain reported at that time.

I didn't catch that originally! 

Took this over from original owners at severe under market rents.

So a first mortgager's lien is superior to say an HOA suing years after the property was originally sold.  

Originally posted by @Caleb Heimsoth:@Michelle Bueno you’re paying someone 10k to take half hour profits up to 500k?