The bottom line is that past performance is no indication of future returns.

Originally posted by @Joe Kim:There are many ways to approach this difficult task of convincing a owner or landlord to rent to you as an investor ONLY to sublease (aka Master lease) the home to furnished short-term rental.#1 NUMBERS GAME:  It's not easy.   

This response is a shift from what I originally posted I know- I spent all weekend down the rabbit hole and have clarified my thoughts a bit, which was what I was looking to do when I posted!  

It’s a tax office, so I suspect they might be waiting to see how their business performs and the impact of technology before deciding.Thanks in advance for any advice or insights you can offer!

(I am starting investor, please understand)So many guys are buying in second-hand market, when original can not cover their mortgage payment because of the depreciating rent, and let go of their property at great value.

What you propose is different but in your original post this was not clear.with the additional info, I have seen similar comped with quads.  

Purchasing subject to allows you to (1) buy a property and pay a lower rate (3-4%) that was in existence when the loan was originated, so cash flow will be better as well as equity buildup; (2) not have to qualify for the mortgage saving time, expense, and allowing property purchases in greater number than otherwise and (3) no personal liability on downside (4) no debt added to your PFS.  

For a $100,000 loan, we would have to charge 2 points ($2,000) for originating the loan.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

Turning a historic duplex into a high-performing asset while forcing $100k in appreciation is no small feat—seriously impressive.