This can have negative repercussions, such as the note holder calling the note due based on a violation of the “due on sale” clause in the mortgage or deed of trust; the property buyer not making payments and the seller still liable for the mortgage; late payments going on the sellers credit report although it’s the buyer whose late; and various problems with liens, taxes, insurance etc.Many partial safeguards can be set up to lessen the effect of these problems, but none will eliminate the potential of these problems.  

Even if the majority of your assets will be in this deal now, if you are successful, it won't always be that way, and you will also want to start safeguarding your assets from each other as well.  

I don't know the answer and I don't like paying for the results - but I think I can see a pretty big wide multi-sided picture.I don't know what to do other than to avoid participation and so better safeguard my serenity.

Hello, I want to know if anyone has templates for general and sub-contractor contracts or information on how to structure the contracts for maximum benefit, safeguards, schedules, etc.

Your only safeguard is to get title insurance which most title companies will review the foreclosure and insurance if the foreclosure process was followed correctly.  

You need to safeguard your investment and infortunp

People with pets have a harder time finding a place to live - survey your area on Craigslist and count percent of places that have no pet policy.Point being, it's a ripe market to target with a few safeguards (suggested above) put in place.

Lenders typically run the deal before agreeing to lend, so that is a good safeguard to help assess whether to move forward.

FHA is guarantee'ing this money with their mortgage insurance fund so this is like a safeguard guideline to insure they dont go bust like in 2008-2010 when they had to raise their FHA premiums like crazy.85% is a factor to discount the gross income to calculate net rents for income and DTI purposes although most lenders will default to 75% of gross either as an overlay or some areas are in fact 75% depending on the HUD/FHA area.The 75% for the self sufficiency rule (SS) is separate, basically FHA takes the "lower," of current leases or appraisers determination of market rents. 

Are their safe guards with this strategy as well as tax write offs?