I'm sure most of them believe they are doing good, however I assure you, you can have a much more legitimate sales job.

I'd really like to see something legal in nature that supports the deal failure, however I'm not sure exactly what to ask for. 

I'm not sure why you are so bothered by someone sharing their experience online. 

You owe your counter-party a standard of honesty and transparency - be sure they understand that you are an agent, but don't represent them, and are looking at their house as a for-profit investment.The pros and cons have been discussed endlessly on BP.  

Be sure to tag your post with the location so local folks can reach out to you. 

Make sure to provide clear disclosures to the seller about the risks involved, especially regarding the existing mortgage staying in their name.Insurance Considerations – You’ll need to work with an insurance agent who understands sub-to deals, as the lender might require a policy that keeps the seller as the named insured.Due-On-Sale Clause – While banks rarely call loans due, it’s still a possibility.

here the numbers144k, 2556 sq ft, decent area.put 30,000 into remodel.Annual cash flow, 1,737cap rate, 7.82%coc returns, 2.82%monthly cash flow, 144grm, 92.9total roi, 16.26%Not sure if I am doing good in real estate or not,  just want to find a way to make it.

You can always have an accountant review your return for a lower fee (around $200-$300).Biggest thing: Make sure you’re tracking all deductions (mortgage interest, depreciation, repairs, etc.).

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.

I love this strategy but it is more management-intensive for sure!