Good or if there any red flags?

How does the already deep in debt CA afford to tack on $50 BILLION in debt service?

Dig deep into tax strategy, tax efficiency, etc  Learn about estate planning. 

Transversely, wholesalers do manage to get buildings sold with one single walkthrough and have a deep cash buyers list. 5.

Regardless of the asset class, the common thread is clarity, consistency, and respect.At Robin Hood Properties, we’ve learned that balancing profit with a deep commitment to customer satisfaction creates sustainable success for everyone involved.

Knowingly buying into the red just because of financing terms is a very unhealthy way to invest.

If the 1st then goes into foreclosure, you are in deep trouble, you have to pay it off or lose your money on the 2nd AND lose the property. 6.

Security Deposit: 2600Lease states no smoking/painting walls/no hanging things on wallsTenants have moved out and have left two truck loads of garbage to be removed.Damaged doorPainted walls which got on the ceiling and trim Lots of holes on the walls throughout the houseDamage from windows being left open constantly Weed was clearly smoked in the house (smell throughout the place) so we need to deep cleanWater bill wasn't paid so I had to turn back on utilityMissing keyQuoted costs:$450 junk removal (some furniture)$935 for damaged doors/windows, painting cleaning$30 for utility turn onTenants were only there for a year before moving out so a lot of this is beyond normal wear and tear. 

If you conclude the leverage is so good that everyone comes out ahead that's fine but if you are only able to originate hard money debt that may be viewed as a red flag by investors who will question your experience and borrowing strength.

Regardless of legal nuances, I can tell you from extensive professional experience: Don will WIN an IRS audit for his Subject-to interest, as long as he can show that he made the payments..I agree and my experience is, that the person who can show he made the payments gets the tax write offs.I think there are two questions: 1. who pays the payments and gets the write offs (the audit side)2. who is in deep doodoo if payment doesn't get done or if the seller disputes other "facts" in the transaction.