Check is made out to me delivered to PM, who deposits in my bank account.

If I had non-standard sizes, I would buy or make some number of reusable filters - maybe 6 or 12 - deliver them to the tenant, tell them to change them once per month and set the dirty filter aside, and I would collect them on a regular basis and clean them/have them cleaned, rinse and repeat. 

I would add one additional precaution, you might consider making the loan commitment contingent on the new tenant not only signing leases and delivered checks, but also having moved into the the property.

@Sue DengYes, but never overpromise and always deliver on your promise.

Holly, if others complain about the hot water, I have used a hot water circulating pump on a timer that delivers hot water within a few seconds. 

People shop for value, benefits, quality, simply a better deal, how do you show that you can deliver that?

We have all this technology available to us and you're waiting on snail mail to deliver your income.

The due on sale is a real risk, always be prepared to refinance a property or sell it before foreclosure can bite you and all parties concerned.Being in title on a Sub-To means you can lease it and give an option, however, you need to deliver good title if the option is taken.

Insurable title shall be delivered to Buyer by Deed on a form acceptable to Seller in Seller’s sole and absolute discretion.

ThanksGreg You didn't specify the upside nor speak of a value add play in the deal so it's a little difficult to speculate how to best structure a creative financing package.Assuming it's a value add play with good risk adjusted gains at the end of the process then maybe the safest route is to negotiate a wrap transaction with the seller, and if your are concerned about a due on sale clause make it contingent on the lenders approval.The seller will confront these same financing scenario issues with all other buyers so if they want to sell the property then they can either deal with the issue with a reset and able buyer, you, or kick the can down the line looking for another buyer who maybe willing to assume a less than stellar financing package.As the buyer though your only concern should be the financing package that delivers you title, assuming you plan on making extensive improvements to the property, and allows you to earn what you determine is a reasonable cash flow from the project.Options aren't bankable.