Even if he is upside down on it, he has to then not have the resources to cut a check at closing to get out from under it.We don't say it out loud very often, but a sub to transaction is a bad deal for a seller.

Proper timing was key for this deal understanding the Market and the sellers position in the market and in the deal, it played out great and we where able to make some profits on the investments before even receiving the first rent check.

I am good for a credit check and can provide the lease proving $1250/m income. 

Then use it as a baseline of the best coverage then check everything against it.

Ok, I'll check those things out.

Check this letter written by an Attorney General wherein he reverses a public records request denial based on exemption from disclosure.

It’s totally normal to feel hesitant, especially with your first big property purchase, but having the seller cover major repairs and even bring in a structural engineer for a thorough check—that’s a lot of the big-ticket worries off your plate.

I will check out FB and Zillow. 

Once I've done some homework on the property and everything checks out, I make sure to visit it in person.

I suppose it's more useful as a way to check things off the list and gauge how much you could spend or would like to spend.