I think it will get up above 6 months soon and may rise even further towards the end of the year pushing us into buyer market territory where prices fall.There are more available rentals on the market than there would normally be at this time of year.

But, some sellers will take that risk for time & convenience reasons.The reason it is dangerous for a buyer (yes, foolish & dangerous) to buy a property without equity, using subject to, is simply the DOS.

i find ones who honest up front and honesty is confirmed by paperwork ate usually pay rent consistently  but anyone on taxpayer funded a long time or who have been evicted prior are more "dangerous" more likely not pay rent  than any felon.3. 

Rank of the top 50 most dangerous US cities.Operating costs.

So this is entering ugly territory.

The dangers of mold are just to great here. 

IMO the inventory shortage has pushed primary buyers into investor territory. 

I have designed, built, and own (very) small scale (500kW) solar farms and in my world, I learned to always look for the word 'exemption' to make sure I'm not wandering in territory that will cripple me financially. 

To perk your situational awareness and switch you to economically enabled I need you to read Read the 2015 NAR Danger Report.  

For a 7 unit, it would be portfolio/commercial loan territory and I would need an LLC for the loan?