But if you're wanting to get into rei anyway that may be a good way to go.Yet a third way is to find a local investor and offer to split the profits with them 50/50 either selling or holding it.

They pay huge commissions to their sales people and bank high profits.

I am ok with a modest profit, especially because I have found an 8 plex I want to roll the money into, but I do not want to change the price too drastically.  

I prefer to not touch them, as I think there is extra liability from renting out non conforming units and they have limited exit strategies, but if I did buy one I not only wouldn't pay extra for the non-conforming additions, but I'd also want a bigger discount such that converting to original and flipping as a single family was a profitable exit, thus restoring this as one of my exit strategy.

If refi is not a possibility then sell for a profit Map out a plan with the end in sight.

No plans to rehab, they'd just put down a deposit during a sub-development construction phase with the believe that (at complete) they could rent or sell them for a profit.

You probably aren't cash-flowing $500 per month to break even ($500 * 36 = $18K profit + $12K principal pay-down = $30K = selling costs).

I am interested in performing a Subject To deal, but I wanted to know what are the most profitable exit strategies?

They are not fool proof, but they will stop the larger leaves from going into your gutters.  

In the meantime, I have a little profit from the turnkeys in my account every month.