I have read many books on various topics of real estate investing from doing "subject to" deals all the way to doing a typical fix and flip you see on HGTV.

NOLO Press publishes books on the subject and has a very good website, so you can be better prepared when dealing with legal and accounting professionals.

I read some conflicting answers on the internet and wanted to get an answer from someone with experience on the subject, and I did. 

I recently talk to an attorney regarding subject-to and he told me he cannot do a quick deal.

@Wayne Brooks  don't want to hijack this thread but I am interested in subject to's here in St Aug, FL.  

Recently we had an auction on a property that was found on Craigslist, it was a commercial property listed by the owner for sale, she wanted $750,000, my son and associate negotiated an offer of $250,00 subject to an auction sale, seller accepted the deal. 

The misnomer is that those payments are not the buyer/borrower earning equity in the subject property but rather more like a rental payment which only serves to grant possession and not other rights and interests in the real property itself.  

I too am a fan of BP podcasts and they have taught me a great deal about real estate investing.Business takes me to Lynchburg frequently and I almost moved there after becoming enchanted with the the town 20 years ago.

Give yourself a solid out or two, like "Subject to a 60-day inspection period."

I frequently have a group of single students wanting to rent my larger houses together and I tell them up from about my requirements.