I don't see how they relate to wanting to educate myself or asking for reading recommendations. .I was responding to your comment: "if I get involved in any sub to deals"Education is always great, and subject to is legal as long as it's done legally.Here is how it is set up if you do it wronglySince law is is difficult for some people, let me be more clearThere are various codes that can be violated when buying properties (the definitions are easy to find with a quick search)Equity skimmingEquity strippingForeclosure RescueMortgage FraudShort SellingFalse StatementsWire FraudBank Fraud and so onhere's a sample12 U.S.

I'm not sure which places are best to focus on with rules and regulations getting strict in some places. 

You will also need to check your local laws for any strict laws that may make running an Airbnb hard.

At the same time, someone else reduces your debt, and you get to use the tax code to improve your tax situation legally.  

Do you assist with rental management in the 53206 zip code maybe around 16th /North?

I would also advise doing your own inspection of the property to make sure that everything that they say is being done is actually completed and to code and that there shouldn't be any surprise maintenance costs at the beginning.  

My rentals are in Denver which has strict late payment laws and I was able to customize the late payment options to automatically apply in the right timeframe to abide by the laws and also not accept partial payments which I very much appreciate.And if you’re curious about Baselane’s 2-day quick pay features or have questions, feel free to ask!

I target pre-existing, non-conforming lots that town assessors have deemed unbuildable either through a land use code or a very low tax assessment.  

Having a solid contractor who can give you bids helps for sureLessons Learned:I have had a couple of clients out of state not fly out and see their property in person & then be disappointed about some things after closingGeneral Tips:I'm sure you are well versed in the Dallas Fort Worth market but this is a nice little tool to have https://www.areavibes.com/ this website gives you a nice overview of streets and zip codes and a total livability score. 

Your main concern should be whether these bedrooms and bathrooms on the lower level are legal and have the proper egress require for fire code and livability.