And that’s why it important for both parties to be represented by legal counsel.Look, I’ve done too many successful subject to and wrap transactions as both buyer and seller to believe that Subject to” transactions are somehow inherently bad.  

Mostly due to the fact my spouse and I agreed on her to have zero involvment in any sort of RE investing (and its our home) I think once you have a good 6-12 months of reserve cash (operating expenses for your own life saved as a back up incase things go bad) save enough liquidity to get the ball rolling on your first invesment.

@Michael Goddard Not a bad strategy. 

She's not in great health herself, but seems like she can still carry on a few more years if nothing bad happens.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

However, this isn’t a sign of a long-term shift—it's a temporary adjustment influenced by a unique set of factors.The good news?

“Courses” are often hype pieces that promote all of the good and underreport the bad.

Personally, if the property is in a bad area, this will give you headaches no matter what.

I could give you the good, bad, and ugly of investing in Colorado as well as the good, bad, and ugly of investing out of state or in a syndication.

I have heard both the good and the bad sides of investing out of state and so I am curious to know what other's experience has been?