What kinds of deals do you prefer?

Does anyone have experience with that kind of transaction?

If electing S Corp status, pay yourself a reasonable salary to avoid IRS scrutiny.To be honest with you, you don't need any kind of Corp for tax savings unless you reach a certain amount of net income.

What kind of goals / plans do you have for 2025? 

Connect with some contractors who can help you figure out what kind of rehab a property might need

Buyers could look at a DSCR loan which does take into account the revenue from the rent but it doesn't count towards the value of the property.Now, buyers could look at a business loan of some kind but I am not sure they would qualify if it is only one property and even then, the value is mostly in the property and not the possible revenue. 

I work (kind of) with a few GCs.

Interesting, I was aware of how they work in my state, but not about these kind of differences. 

That kind of relationship will help things go smoothly, both in the planning phase and the handoff from when you buy to when your PM takes over.

There are actually THREE kinds of subject to transactions1- subject to existing mortgage without lender approval2- subject to existing mortgage WITH lender approval3- subject to existing mortgage as part of a seller financed wrap around mortgage.with #1 and #3 it’s in everyone’s interest to utilize a third party servicer, who collects and then distributes payments.