So, our LO collects the Borrower's W-2 looks and sees it has roughly $60k.

I used to do a ton of Sub2 to L/O. 

Basically I would show my intentions in regards to actually wanting to sell the property to the L/O tenant one day vs just hoping that they fail, and that I can kick em out, keep their option money and do it again with someone else.

I didn't understand that ins and outs of the L/O.

I think a better way to do that kinda thing is to help the seller find a L/O tenant and collect a fee for putting them together.That strategy worked well 3-4 years ago when houses were hard to sell and money loans were hard to come by. 

I agree also with the following distinctions~*We always invest for cashflow, never speculation although one of our exit strategies might be to sell if we've miscalculated elsewhere so there must be enough meat on the bones to sell even in a down market if necessary*During times of general appreciation, it can be harder to find properties that CF well-- so buying volume can be low and s-l-o-w.

In TX, you can do a straight LO or an assignment, but you can't do an SLO, as you won't have fee simple title. 

Your LO is offering a really decent deal with the 4% no closing costs on what appears to be a jumbo loan.

Would love some insight from seasoned professionals & what your outlook is towards the future of these two service industries (MLO's/LO's+Realtors) - Everyone also likes to save money & desire instant information, with technology, there is a much quicker turnaround time....

Good luck Sandwich LO are a great way to invest.