If you did, you could take advantage of some unique strategies, like renting it out while traveling (as long as it’s for 14 days or less) and having that rental income be completely non-taxable.

Take advantage of the Capital Gain deduction of $250,000 in primary residence per “spouse”.   2.  

Or maybe the loan is advantageous. 

If it was discussed and just a typo and its a good tenant it should be fine but some tenants would definitely take advantage of this.

Again, the goal is to work with them early on to prepare them for the refi within 5 years.As to capital deployment, that is the advantage of the fund model.

This destroys the credit of the original owner who can then sue the subto buyer.Another issue is if the subto seller claims they were taken advantage of by the subto buyer at a vulnerable time (pre-foreclosure) and an attorney or regulator raises the question of equity skimming.

Most people do not know this is a legitimate way to fund your real estate deals and do it in a tax advantaged way.

Foundations and framing were built better 100 years ago and there are some advantages to older homes.   

The “buyer beware” philosophy is fine for commercial transactions, but taking “advantage” of home owners when they’re most vulnerable and lack market sophistication is something no right thinking person wants.  

What's the advantage here?