You wouldn't want your rentals subject to a lawsuit in the event you run afoul of some builder liability when you're flipping.  

This property is occupied and I wanted to know that they mentioned "Property may be subject to leasehold interests or other rights or claims of various tenants or other occupants, and Buyer may be subject to the United States Service Members Civil Relief Act, or other federal, state or local law, as applicable" in auction disclaimers.Is this right property to buy? 

The main Team members are Attornies, Real Estate Agents, CPA's (or accountants), Inspectors, GeneralContractors, And Handymen.Always do the analysis numbers so you can tell if you have a good deal, and try to look at the subject property before you make an offer or at least have a clause in the sales contract that will allow you some inspection time (usually 15 days) and let's you possibly walk away from the deal without a penalty that exceeds your earnest money amount.  

But seemingly, there is nobody with knowledge of the subject who give actual answers and at the very least it is quite frustrating. 

We got on to the subject only bc he asked me what I do, and instead of telling him about my current unrelated job I instead told him about my goal to get into multi-family rehab & rental over the next few years.

Subject-To. 

@James...sorry.So, doing "subject to" is illegal per the terms of the note.

I once had a guy make an As Is no inspection offer but tried to sneak in as a contingency "contract is subject to partner's approval".

Seems you have multiple incremental steps that can all be relatively easy and get you closer to your goals. 1) build an adu, 2) fill the adu, 3) buy a new owner occ, 4) rent out the existing, 5) look for another investment purchase (I suggest a great off market deal) 6) get it in escrow subject to selling existing investment property 7) sell existing 8) Use gains from selling #1 to buy #3 (which should be bigger and have more cash flow).

In there, you will learn how I bought a property no money down (using a powerful strategy called "subject to") and made over $30,000 profit on a house I sold rent to own.