Where in your pean to sub to do you limit its use to buyers who have the money to buy out the mortgage on no notice when the seller’s lender calls in the note for due on sale, and to sellers who have the money to buy out the mortgage on no notice because the buyer was a fraud who rented the place out, kept the rent, and didn’t pay the mortgage? 

Now you need to figure out how to find deals and pay for them.

Somebody could gift it to a wholesaler or previous buyer for a dollar and if the property is worth millions dollars in ARV and you get it for 70% of ARV minus your repair costs, then you should pay for it what it's worth.

Guests were literally paying any asking price for an AirBnB. 

If we put a tenant in the house we will have to pay the state back their $8,000 of assistance.Loan Balance: $150KCapital Required to Rent: $10K ($8K to pay out the state and $2K that I put into professional cleaning and new carpets.) 

#s based on duplex I’m being shown420,000, rate 6.25%Mortgage payment: 3271 + 225 HOA (increase $65 starting July) =3561Currently paying 1200 in rent + utilities.I know you’re going to scream at me for this.

Remember: Insurance companies want you to pay the bill and when it comes to their turn, will do everything they can to NOT pay.I would get clear on that piece before proceeding further.

Note that you may have more tenant-to-tenant issues to deal with though.As with any real estate investment, you pays your money, you takes your chances :)

Facts to consider: The condo is in my husbands name, has been for about 5 years so the capital gains taxes would be ours to pay upon sale.

I will say, if you want them to spend time with you walking you through it and answering your questions, you will want to offer to pay them for their time.