I will say this, though - SC just passed a de facto ban on wholesaling, which may slow down the market for these kinds of distressed properties.

The likelihood of all of these occurring is low in a typical subject-to transaction. its why way back in our day we did these with wraps CA has a debt instrument called an All inclusive Deed of Trust it wraps the orginal mortgage it is a second in function my dad had a company called CA wrap back in the day and did hundreds of them.. its de ja vu all over again.. he did this during the Carter interest rate spikes just like sub too is now coming to light in a big way because of interest rate spikes.. 

The security deposit letter must be sent within 20 days in Delaware. 

Lol, I ended up in Delaware and that migration of people from NY, NJ, MD, PA caused Delaware's prices to double in what feels like overnight.  

Only de facto rent control at 3% which is nuts when real inflation is hovering around 20%.   

Quote from @Paul De Luca: @Jonathan Greene"Judge a man by his questions rather than his answers" sums this up pretty well I think.Maybe both. :)I think of a messy question like showing up to a job interview with a coffee stain on your shirt (and not a new one).

I live in Delaware county and doesn't know the city well and I am sure there are experienced investors and agents who know it well and can give me direction, which is what this group is about if I recall.

@Diego A. the condos we did were in Pa and DE.

@Florsabel De La RosaPunta Cana gets two thirds of the country's tourism but most tourists go there for the all-inclusive resorts so you have pros and cons and a lot of the money has already been made there.I prefer the North Coast indeed  and specifically Las Terrenas and the Samana Peninsula.

Thank you @Paul De Luca for your thoughts.