Further, the reason for sale sub to may be because of some property deficiency that does not allow the property to qualify for new financing, or the property may not be worth the amount owed forcing the seller to “compensate” a higher than market price with either “easy or no qualifying” or a low interest rate.

And I’ve yet to see a mentorship program that can overcome the deficiencies of experience and knowledge and ability inherent in most of their students. 

My gut tells me to ask them if you can short sell it.If you have other assets, because its a HML expect them to come after you for the delta - so foreclosure you will have a greater deficiency judgment.

Just a short list its like 50 ways to leave your lover there are 50 gothcas in sub to. 1. the easiest for everyone to understand the sub to violated the Alienation clause in the mortgage or deed of trust and holder of the mortgage DT / Note decides to call the note due and payable and starts a foreclosure. 2. foreclosure started and the person who bought sub to has no means to pay it off or refinance it and the original sellers credit get trashed and if its a deficiency judgement state even on an owner occ like Texas lender sues original seller for the deficiency. 3. this kind of investing or acquiring assets tends to attract those with limited resources so they have no ability to fix things they decide to scale up and then it goes out of control and sellers are really harmed4. deal goes south and original seller sues or files complaint with AG. 5.

Lenders are usually not willing to order a whole new appraisal unless there are significant and obvious deficiencies/inaccuracies with the appraisal report.

I hope some of the deficiencies you mentioned have been addressed.

I have a house in Toledo, Ohio that I’m trying to get over the line with section 8 inspection.My contractor (who I know and trust) did significant work to ensure the house was up to code.The first scheduled inspection was cancelled by the inspector stating there were too many deficiencies, I endeavoured to reach out for details of the deficiencies but was met with silence and unable to get any info.The second inspection came back with a list of 18 items, some of which I consider petty, such as a small groundhog hole in the backyard.She is also asking for “Front attic window area and front fence needs a full house lead clearance examination by a licensed lead inspector “.

The lender is going to foreclose, then take the deficiency judgment on the balance left from the sale of each of these properties and post judgment against the other properties.

My wife and I own and manage 5 units as MTRs, and while it is certainly doable to manually update calendars across all the platforms (don't get me started on the deficiencies of iCal), we are looking to build a good foundations for future scaling as things are going well. 

Depending upon the state, it could take years for the state to sell the property for deficient taxes, but you should know the options.