Quote from @Bob P.: Quote from @Cindy Shiblie: Thanks for your feedback.

@Bob Beach this sounds almost fraudulent!

Quote from @Bob Asad: Quote from @Jay Hinrichs: Quote from @Bob Asad: Quote from @Jay Hinrichs: yes its called a wrap.. 

@Bob Asad I like the individual sub account method escrow account, but there are multiple different ways to hold security deposits and multiple laws in different states.

Quote from @Bob Avery: I don't recommend leaving a space blank because someone could later attempt to add something in.

You got some solid advice above check with your lender and get in contact with an attorney like @Bob Floss II who can help setup the OA.Assuming there is no pushback from your lender, you should be able to do a quit claim deed to retitle. 

Hey @Bob Asad, I ignore foreclosures when analyzing deals. 

Hey Jay, what is the ask address and rents, thanks  Bob, not looking for a wholesale  deal..

Is it worth getting Bob Diamond's course on 'Tax Overages'?

Quote from @Bob P.: Quote from @Jay Hinrichs: Quote from @Bob P.: Quote from @Jay Hinrichs: Quote from @Matthew Banks: Very interesting post John.