@Christopher Webb I second exactly what @Jon Holdman  has said as someone who has done sub2 deals.

Originally posted by @Jon Holdman:Sorry @Scott Trench but this isn't quite how depreciation works:If you make an investment in a 360,000 property, then over 30 years (360 months) it will depreciate at $1,000 per month all the way to zero.For one, you can only depreciation the improvements, not the full cost. 

Thanks so much Jon. 

Hi Jon,We have gone the other way and pushed a 1.5 year lease on a few recent rentals, or whatever the period is to get it into late spring. 

Hi Jon. 

Jon was correct.

Yes I mean fixing a and flipping it Jon sorry if it seems confusing lender meaning they are investing in the property as well seller is caring back 126k  she is still on title until we rehab and sell and we give her 126k back real simple lender already sent money to title company that's what I mean by money going back to lender real simple They had the deal for a week I understand stand they got a certain amount of time to resigned from the deal, just want to be aware so I can due my dudeligence   to make sure there is no reason for them not to want to do businesses with my group  thanks for your response.

@Jon Holdman Thanks for the tip, I've been reading into lenders and rehabbers now.

Hi @Jon McCarron ,I would be happy to answer any questions you have.  

Thanks @Jon Holdman