We investors are the experts in the Real Estate Community and seek to protect and enhance our reputation by keeping sellers informed throughout the entire process.In terms of a “subject to” transaction specifically, it is in our best interest as a growing real estate investor to make all mortgage payments and to do so in a timely fashion for multiple reasons:One of the first things we will likely do upon acquiring title to the property is make repairs and upgrades to the property.

@Roman McIntoshOn the surface, those numbers look tight.

in some fashion in order to put the expense onto the tenants completely.

Just saying ,the expenses for out of state properties is hard to manage when you have no physical, eyes on, level of work, or professionalism done,, until a problem really surfaces and then you've paid thru the nose, jump hoops to figure things out after the fact. 

I ask because I'm a lender and on the surface, I can't figure out the issue you are having.  

My guess is that the type of hands off 'don't want to deal with it' buyer you are looking for is also unlikely to be able to see past the 'ugly' current state of the house.I could imagine it working if you show them something finished (model home) and not show them the current ugly state.I heard a story from a high end ($50k tables) furniture designer who once made the mistake of showing the client the table in progress with clamps, glue and unfinished surfaces etc.

Sometimes the smell gets stuck on the surface and by cleaning and painting you can get rid of it.

@Rick Pozos Sounds like the old fashioned way!

Hope you put flood insurance on it :)What made you decide to go with hard surface countertops and stainless steel?

I need to be on the deed in some fashion, because even though we are not getting a mortgage.