If you are considering buying using Subject To - Subto, it's important to know what your exit strategy is.Talk to a mortgage broker (not a bank) and ask if that is a property you will be able to get financing on in the event you have to refinance quickly, because the Due On Sale clause was called.AndTalk to a real estate agent about how much you would have to bring to closing in the event you had to sell quickly.

Exit strategies are typically, refinance into a long term loan and hold or sell it for profit.Cheers!

The exit is the refinance.

Here's an example: https://www.airbnb.com/users/s...I'm trying to be forward thinking as far as how I will eventually exit the STR management business. 

Always have a clear exit strategy, whether you plan to rent, flip, or sell the property down the line.If you or your son are looking for more hands-on guidance, feel free to reach out directly.

thanks for the guidance @Kaushik Sarkar Since it's development it will take longer to get to the exit. 3 years could be right depending on the market, if the project requires entitlements, how long it takes for permits, no major utility obstacles, etc.

I'm purchasing in Columbus with the mindset of holding for 7-10 plus years for a later exit with equity built 

@Kyle Carter just because a building has all section 8 tenants doesn’t necessarily mean that the cap rate will be higher on exit but it might attract a buyer(s) that are focused cashflow and not appreciation; therefore a lower price to juice the yield.One of my non negotiables if I were you would be to only buy in an area that is desirable.  

Have a clear understanding of your expected cash flow, ROI, and exit strategy.

I was happy to exit quickly without losing too much.