NYC issues a lot of $999 fines for the first offense and up to $7,500 per instance for subsequent offenses. 

I guess that attorney went to the school of 'I sign a quit claim deed and subsequently, I own the property' ;-). maybe you need to invest in a body guard for the judge a few days before the trial.....

Many people mishandled them, subsequently litigious actions. 

It will take about two seconds to find the deed out of you and the subsequent deed out. 

The losses can be banked against future RE profits in subsequent years but that kinda $ucks.  

In my view a Subject to deal is one where the seller must give up certain provisions for subsequent short sale ie the five things above.

Having subsequently built a strong rapport (the best part of the Bigger Pockets community!!)

Usually investors start with Conventional financing then eventually pivot to DSCR loans for subsequent investments.This is because the more properties you acquire the more documentation you will need to provide to the lender.

I guess personally my value add was stepping in as a GC and subsequent property management.

I didn't attend, but was subsequently bombarded with emails from long-time members of the club (syndicators) who hurried to tell the rest of the members that they didn't, in any way, agree with the views Del expressed that day.