I'm having the Seller carry back a second and I need to show a verification of the down payment.  

I am new to the landlord business and am unsure as to what I can legally ask former landlords and employers.  My property is in Kansas City, MO and I need to verify income.  Is that something I can legally ask the emp...

How can I sell the idea of " subject to" to this seller?

What are you comparing the cap rate to to come to the conclusion that it looks OK? 

Im not looking to to hit a homerun here , but am willing to settle for a small cash flow.

Maybe I'm asking too much given I don't have equity to play with.Would the only way to to do this be to split up ownership given they want to buy and hold just like me?

There are plenty of no income verification products out there for investor loans.Stephanie

@Amahl Miller I want to add Subject-To to my toolbox.

I spoke with traditional banks, small community banks and some private lenders but all of them seem to require a personal guarantee or some other form of traditional verification.

@Craig Koehne The lender you are working with may have the policy that they only count rental income that is only over 2 years old, but there are other lenders out there that will count the income, as long as it can be documented.Some will require the signed lease, and some may even request verification of monthly rent payments or the security deposit.