Hello allI have seen this term frequently on the site and must confess I am not 100% sure what is meant by it even though I am an attorney!

The subject says it all!! 

Make a lower offer subject to a reserve public auction, offer the seller a 10% hybrid (10% of anything you get over what you offered), make full disclosures, get right of possession (so you can clean the house up and show it to prospective buyers), build in an extension in the event you need more time and use banking days for settlement.

I have read through several of the posts on here and am intrigued by subject to.  

Personal experience most lenders I've worked with don't allow LLC loans because they consider it a "business loan" and not a mortgage on the subject property.

Liz,I frequently travel to Naples/Marco Island area (in fact will be there for the next 1.5 weeks) and am very interested in any opportunities or deals.

Here are some things to consider.Coin operated Laundry - You make money, but you have to collect coins and machines are subject to vandalism/theft. 

See video I did on subject http://youtu.be/zjxxBBkIxhI it's geared more to the benefits of buyer, but for you if they don't pay you just evict.

I'm obviously new as the subject clearly indicates.

Thank you for that warm welcome, and thanks for taking the time to look into the subject.