And/or are you willing to take the risk of being sued by the seller for not performing on a legal contract (and losing your earnest money)?

It's affordable and offers strong cash flow potential.

I think I've been changing my 3 prong connection electric dryers to 4 prong for some many years now also.I should probably confirm w/my electrician company but at the risk of making another mistake, I'm about to press Post Reply...

Quote from @Paul Azad: Beautiful property Blake, and great growing area, i drove through a few years ago, amazing scenerey and perrenial vacation spot, would you feel comfortable sharing the structure of the syndication for the investors, fees, projected IRR, or time weighted avg returns etc from a potential passive investor perspective?

On paper, it looked brilliant..cheap money, quick turnaround, and a profit projection that made his eyes light up.It taught me that the real risk isn’t just the cost of capital, it’s the predictabilty of your exit strategy.

Not sure why that happen, however the best way to screen a potential tenant is to see how they have performed in the past. 

Quote from @Timothy Franklin: @Trevor FinnI would agree with your breakdown, but why overlook a potential to run the 91k subject-to with a targeted 6 month hold for flip or 18 month refinance?

So I'm strongly considering adding a handful of these to my buy & hold portfolio.I understand that there's no "risk-free" method to acquiring these properties subto, but have any of you had success over the long-term acquiring properties with VA loans attached?

How about the risk that a landlord has?

I’m excited about the potential of this project and hope it can bring value to the real estate investment community.Looking forward to hearing from you!