Also, did you get a copy of the insurance policy declaration (usually it is a 1 page summary).

Taking advantage of the election without declaring that you are doing so can cause those expenses to be reversed in the event of an audit or inquiry.  

You are not running a nonprofit (at least you didnt declare that).

No one on welfare is ever accepted since our government has declared them to be a protected species.When you screen make sure that taking a tenant to small claims court will be collectable either through garnishing of wages or crippling their credit to the epoint that they can no longer function and will choose to pay to clear their record.Screen applicants not only for their ability to pay but also your ability to collect.

Although I don't know the specifics of what the tenants saw as $100,000 for cash for keys, one such requirement in San Francisco was recently declared unconstitutional: http://sanfrancisco.cbslocal.com/2017/03/22/appeal....

The guy has admitted he's worth less than $9 million in court (and declared bankruptcy - so much for asset protection strategies... lol) and has a habit of making up stories about his supposed investing prowess.

They ended up declaring Chapter 7 and most investors financial lives were ruined.

Who is going to act as your muscle when you need it? 

Most importantly what will interest rates be when you declare it is time to buy?

I'm always amazed at how people try to get lenders/financial institutions to change the rules to fit their situation instead of changing their situation to fit the rules (Again, making no assumptions the OP or anyone else fits that declaration).Scammers love "subject to" because the scammers only have an upside potential and no downside because they have no skin in the game (Outside of maybe reinstating a defaulted loan) and, no liability for being wrong.