(Pending the outcome of the state bill on property taxation of STRs.)Also, how long have you owned?

What was the outcome?

I would want to know how you handle all of the negatives and bad outcomes long before you told me how great the investment was going to be.  

Non of us, no matter how experienced, have a crystal ball that we can look into and see the future outcome of an investment.

My advice on sub to is as follows1- COMPLETELY understand the process, implications, liabilities, and possible outcomes before engaging or attempting to engage in a sub to transaction2- Complete disclosure going so far as making sure the other part understands the transaction and possible consequences3- Utilization of an attorney experienced in subject to transactions for setup in such a way that provides some protections in case of default or in case the note is called4- Have a backup plan in case the note is called5 - only use for property that has a TRUE positive cash flow unless the buyer has substantial reserves I myself have purchased 8 properties subject to, but 5 of those were commercial properties which often have notes where a subject to is allowable.  

What was the outcome?

What was the outcome?

We will infill, fix the roads, add lights, add a nice sign, add a fence to the entry, fix water leaks, bill back water by metering each home and raise the rent to market over time What was the outcome?

I financed the deal.What was the outcome?

It takes time but that's the desired outcome.