Your main issues will be eggress, as usual in a basement.

It's very easy to make one tiny, minor assumption to fill in an unknown that completely changes the context and consequently the answer - I've caught myself doing this a few times.As far as the legal responsibility for the debt goes with Subject To, my guess would be that the contract basically provides a pathway for the seller to pursue the buyer for recourse related to losses they suffer from the default of the original loan, like a form of indemnification, but does not absolve the seller of responsibility for the debt.

What if you're a cardiologist with no debt and making $250,000 annually?

They had exhibited the desire to pay down debt and had cashed out the parks before us that had agreed to owner finance.

And a lot of old school GCs may not have the ability to take a CC and may not care to learn how to...Main question is: why do you want to do this?

The main differences are that you have more control, better tax advantages, and the power of leverage on your side.🌟 Pro Tip: Next time someone questions your real estate investments, ask them if they'd turn down an opportunity to buy shares in a company that:Pays monthly dividendsLets other people pay off their investmentOffers significant tax advantagesCan be improved to increase returnsCan be bought with 80% financingBecause that's exactly what you're doing with real estate!

Our main focus is finding properties with the highest return on investment, particularly through rental income.Additionally, we’d love to connect with local real estate agents or property management companies who can help us learn more about the area and potentially collaborate with us.Thank you so much for your time and insights!

What’s your main focus, or what are you hoping to get out of your journey here?

I understand if you want to sell 1 of the lots, but I'm not sure about your concern about paying off the debt so that you own it free and clear. 

typically (as you probably know) you buy something distressed, with either cash or hard money, you fix it up, and then you refinance into long term debt.