I am creating a tax deed detailed due diligence check list.

If you're looking in Nashville TN I'd recommend checking out the Cauble group. 

@Daniel Myers check out your local REIN group.

chBoard=tru...But also check with your county and city. 

So you cannot use that property as collateral for a loan. 2) Again, the house is not your name anymore so there are no depreciation benefits.3) From my understanding (and I'm not a tax guy so double check this with someone who is) is that your taxable income would be calculated based on the capital gains over and above your initial purchase/capital improvements and recaptured depreciation (for a SFR, the property, not land, depreciates 1/27.5th each year) but the amount you lend back would not be taxable until you receive that income.

The way most people do subject to deals is by setting up a system of checks and balances providing some protection for both buyer and seller, and trying to avoid alerting the lender that a deed transfer has taken place.

I do full background, credit checks, job verification, etc.

Thanks This is a case of check all your data points, do your due diligence and make sure the numbers and deals work good for you.

If you're interested in cash flow, I would check out the Ohio market.

I will check that out.