You're def right that a wrap or AITD can offer more protection to the seller than a subject-to deal, especially in terms of maintaining control over the mortgage.

Tangentially, there are a fair amount of former STRs now being sold around town in part because of the regs and also saturation.  

To thrive in real estate investing, you must maintain a firm grip on your finances.

Based on my market knowledge, 350k for a new constructions with close to 3k in rent seems like a fairly solid deal for the area.

I see this a lot in the current market, and saw it a fair amount in the down market.  

Mortgage rates are dropping fairly fast so check out the numbers and have a good conversation up front with a Banker first.This can make or break your real estate portfolio just by having a game plan up front.

The difficult part isn't finding that property; the difficult part is finding quality roommate tenants and having good systems for screening, setting up rules and maintaining your future investment to achieve the best results. 

My wife and I do have a fairly modest lifestyle.

If any portion of the building or structure is occupied by the taxpayer, the gross rental income from the property must includes the fair rental value of the unit occupied by the taxpayer.IRC 168(e) defines a dwelling unit as “a house or apartment used to provide living accommodations.

I am not a plumber, but I have had my fair share of this, and most of the time, you can hire a plumber to snake & jet the line.