If the title is clear, they may accept a deed in lieu.B) Ask your dad for a specific power of attorney for this property and sell it via short sale so he doesn't need to sign or think about it.C) Have him deed it to you, and continue making payments as you fix it up for sale or rent, knowing you probably won't make money on it (unless you hold it very long term) and with any luck you might break even.If you choose C, then you need to determine if you want to get your cash out quickly so you can use it elsewhere or if you want to stay in it long term as a rental, perhaps refinancing in the next year.

Everyone is entitled to a different opinion, not to mention the whole internet will be pulling your comments up when searching for this similar subject.Knowledge is power and for the average person out here, any advantage we can learn will allow our money to work for us even if the payoff is quick.Just my two pesos.Big Henry

It is a bit of leverage, but the tenants have a lot of power once they move in.

The sub2 agreements I use are:The Purchase And Sale Agreement - buying the property subject to all loans.Seller's Due-On-Sale Acknowledgment - CYA re: Due on SaleQuit Claim Deed To Trustee Deed Into A Land Trust - I use Land TrustsAuthorization To Release Mortgage Information - Loan is not in your name, so you need this.Limited Power Of Attorney - helps if there is a problem with communication down the road.Add your Trustee as additionally insured to Insurance policyLetter declaring any remaining escrow balance to be credited towards the loan balance at the time of payoffI hope that helps.

The issue is the car dealer lobby is powerful and has deep pockets so they've been able to get politicians to make ridiculous arguments against Tesla to protect the interests of the dealerships. 

Anita Borgaes (previous REIA moderator) and I (also previous REIA moderator) will each be going over a recent deal on power point.

"Did this landlord do everything in his power to fix the problem of the mold"? 

I gave an extremely limited power of attorney to my property manager before I left as I didn't have a working relationship with them before.  

For example how much should someone charge to fix a hole in drywall, put in new carpet, power wash a home.

I recommend you read some books to understand the power of leveraged investing.