If he doesn't qualify, advise her that she has to 'cure' the illegal occupancy immediately or be subject to eviction. 

Because this clause wasn't in the lease agreement,You hear these kinds of excuses and explanations (vary by circumstances) everywhere you go nowadays.We're becoming a nation where the Law is subject to personal excuses by indviduals that aren't suposed to interpret laws.

Most lenders sell their loans out.Nobody wants a loan where the asset is underwater every month.The real question is, why is a property worth over $1M only producing $4,000/mo.You should consider raising rents as this seems significantly below market.

If you're subject to the Alternative Minimum Tax (AMT), these deductions may be limited.

There is a mini debate about the validity of that system that has broke out in the "Subject To" Real Estate Investing is Slimy.

Oh, they can sell, Jim, just like one can sell "subject to."

Much more difficult to convince sellers to do a subject to transaction6.

Look into seller financing or subject to properties in the area that you want to purchase. 

A lot of subjective/anecdotal criteria here.

When people bring up Subject To (very risky) and private money it's usually because they have seen a lot of scaling content.