I do know in fFL it Can be a felony to do a sub2 and Not pay the underlying, especially in the case of a property already in default.I agree there are way too many people entering into sub2’s without the ability to cover the risks.  

I agree with @Brian Ellis to get that ball rolling! 

She agreed and emailed an official "I am out of the property on this date and relinquish possession to the landlord and owners."  

Nice neighborhood (here in South Florida), freshly remodeled, looks like she bought it as a flip.She has agreed to my terms- I'll meet her price (as it jives with market price), she's getting $5k down for me, and I'm giving her $1500 a month.

@Harrison Krause , I agree with @David Sussman, if the wholesaling podcast that you are listening to haven't taught you how to find cash buyers, for FREE, then don't listen to them. 

I have a contractor that agrees to use his own money to complete the rehab.

I do agree these are high risk areas, but in my opinion the reward is even more substantial because it's essentially inorganic gentrification which could drive up prices exponentially.

How was the process of getting the existing tenants to agree to the lease to own vs being a pure renter?  

@Mike StahlmanI agree that $400-$700 a month is a little bit on the highside.

@Anthony Sumbry Thank you, and i totally agree with you, its just that im in the position of sell now for decent return or keep and hope for more.