Occupancy fraud, straw buyers, mortgage brokers making ninja loans for commission, or the terrible banksters on wall street packaging MBS, etc - when there is no clear victim I would argue that these aforementioned "unethical acts" would be undertaken by the majority of BPers (or the average individual - however you'd like to look at it) if presented the correct situation/opportunity.Scott, on your mention of premeditation, it strikes me that a truly intended OO who, within one week of closing, takes a job offer in another state would encounter no problems in renting the property out.

That strikes me as a different model than what most buy and holder are doing.

If you are striking out, then you will be forced to transfer into your name.However, you have to work the field first, and see who can work with you as is.

A simplified example, the strike price agreed is $1,000, the expectation of a price increase or market value is 10% annually or the price is expected to be $1,100.00.

You have several heavy weights in this thread giving much better advice than I could probably ever hope to.However I have a very simplistic mindset and sometimes look at things different and maybe my thoughts will strike a chord.- Always plan for the S*** Hits the fan scenario- What happens if the owner dies?

So, you need volume and consistency to reach them.It's all about volume, follow up and striking when the iron is hot.

It strikes me somewhat as a charitable action on my partners part, but certainly a monetizable situation too, it just needs to be treated as a real business.  

Perhaps you should consider working with a good TK operator to "learn" what you need to know and be comfortable with before you strike out on your own.

Your insurance strikes me as low given the square footage, but if you've gotten quotes for those numbers that's good.Second, why are you paying the realtor fee?

With the judgment occurring in the same year as the strike off, I doubt there's significant post-judgment taxes owed.