People study subject-to and think it will fit every property they look at, for example, or fix-and-flip, or buy-and-hold, or ...When you understand many strategies you can approach a property and instead of trying make it fit the strategy(-ies) you know you can determine what strategy best fits the property.

@Mike Edgar Perhaps this can be negotiation point if the purchase agreement was subject to financing (and the bank doesn't agree with the pricing therefore won't give you a loan)?  

I frequently visit the Tampa area and know it's a hot market for wholesaling.

Account ClosedA cash-out refinance within 6 months of a purchase transaction when no financing was obtained for the purchase transaction are allowed under the following parameter;  The new loan amount is not more than the actual documented amount of the borrower’s initial investment in purchasing the property, plus the financing of closing costs, prepaid fees, and points (subject to the maximum LTV).After the 6 month mark there is no restriction to purchase price and closing costs. 

Also on the subject of inspections, you could be given the run-around on simple things depending on the housing authorities rules/regulations. 

see your title company in Florida , if title not subject to existing liens it's probably a general warranty deed

I am assuming that the subject property should be on the HUD homestore even when in the pending state.

ooh, cool subject.

@James SchoenI'd suggest starting with the Ultimate Beginner's Guide to figure out exactly what kind of investing you want to do.https://www.biggerpockets.com/real-estate-investin...Once you know what you want to do (meaning you chose ONE strategy), then listen to BP podcasts where that investing strategy is the subject. 

And adding a clause subject too tenant providing new mailing address and employment location so incase they don't pay I have the judgement already but it's no good unless personally served so I would need accurate location of tenant which if they provide in court in front of judge should be accurate and upheld.