Purchased for kids future/college fund (maybe relevant maybe not) Mortgage rate is 4.4% currently paying $1149 a month (including taxes/Insurance)Currently rents for $1550 (room for upping rent to $1600+)In the 2 years Ive had it, Ive added a roof(insurance claim),new windows, new bathroom, plumbing.

You'll find some here that say yes, and others, no....It depends on large your operation is and how well you are insured otherwise.

If the bank learns that you sold on Subject To, they can call the loan due and you have 30 days to pay off the loan in full or they could start a foreclosure.Your homeowner's insurance will no longer cover the property.Here is some information just to educate yourselves:https://www.biggerpockets.com/forums/79/topics/1063120-pace-...

Sounds like they are in a pretty good situation unless taxes and insurance costs are going to eat heavily into cash flow or the properties all need cap x improvements and they would rather sell than fix them up.I would have buyers for these if that is what they are looking for.

Check out the Neighborhood Assistance Corporation of America (NACA).NACA was formed in 1988 and provides an affordable option for potential first-time buyers:✅ No down payment✅ No closing costs or fees✅ No mortgage insurance✅ No consideration of credit score✅ Below market fixed interest rateThere are several requirements to be eligible, starting with attending one of their workshops.https://www.naca.com

Although I plan on having a title company run a title search and run and O&E report on any property I plan to bid on, I've still spent a lot of time understanding the typical foreclosure property due diligence- looking up the owner and property details on the PA site, looking up the various public records, liens, etc. and trying to understand the chain of title as much as possible.

Insurance is your first line of defense with liability.

Bad:Relying on insurance.

What’s the point in having an LLC if home insurance gives liability coverage? 

There are 3 ways to use money for improvements1. a reverse improvement exchange where we as the QI take title to the new property and hold it for up to 180 days while you improve the property.