In my market L/Os are going for around 900-1500 depending on the area and condition and all that.

But L/Os are riskier than a sub2 if you don’t have a margin of safety and understand the things that can go wrong and be prepared for those possibilities.

Thought many of you would get a kick out of this:http://www.orlandosentinel.com/news/local/lake/os-mount-dora-doctor-tells-patients-go-aw20100401,0,658649.storyPersonally, while I don't agree with his specific philosophy (you could have voted for Obama and have been against the specific health care bill, which seems to be the more important point), I respect him for taking a risk with his livelihood to stand up for his beliefs.Then again, it may have been a strategic move, as with all the press coverage he is no-doubt getting locally, he'll probably drum up a lot of business!

L/Os are very hard in TX.

That attorney can also add verbiage to the agreement that specifies exactly what happens if/when the buyer is late or defaults.Third, the seller could also establish an impound account, and require the buyer to escrow enough cash (which could also be part of the down-payment) in that account so that the seller may endure the foreclosure process without taking as large of a loss (if any).The list goes on, . . . but the point is that there's definitely a way to structure a subject-to mortgage in a way that's safe for buyers and sellers alike.Here are some good ideas, I'm bumpping this thread as it was a link to another thread where we were getting off topic from a CFD to sub-2 and L/Os.

Sorry, for the Type-Os my hands are moving faster than my mind LOL!

I recall the early 2000's when Microsoft lent Apple money to keep them in business (and to keep the DoJ off their case - they needed another OS using Office to fend off anti-trust suits).

Most of the issues with L/Os arise from newly adopted tax requirements by the IRS. 

We should have the ability to add colleagues within the next week.Can you tell me what device you are using and what version of the OS you have?

Thanks @Louis MaldarelliThe building was built before C of Os existed (1905) so there is no C of O on record.