Could not believe when I actually received rent in the mail.. it worked!

Those are actually pretty normal commercial loan covenants at a bank.

@Mauricio SandovalI was getting extremely high insurance quotes for our properties in Ohio, then I realized after reading forums on BP that you have to ask them to quote you on Actual Cash Value, not rebuild cost (which are extremely inflated during these times of supply issues).

George but would like to hear from others who actually know in that area.

Yes, it is actually quite common for brokers to ask for a Letter of Intent (LOI) before sending over financials on a potential deal to safeguard confidential information.

What are you actually trying to accomplish with this transaction?

None of those shenanigans here.I actually live in Brickell myself and can't speak highly of it.

Quote from @Kirk Roberts: @Bruce LynnI'm in NH Carroll County.Check out https://nhtaxdeedauctions.com/upcoming_auctions/https://www.carrollcountysheriff.org/information/real-estate...Looks like you can actually see sales prices, so that's a bonus in your area.

I actually don't like the idea of paying off a property either though, I think one of the biggest reasons for investing in real estate instead of the stock market is that real estate is setup to use debt as leverage.

You may find it difficult to obtain financing from private lenders due to the fact when utilizing SubTo, you don't actually hold title to the asset.