(Emphasis added)Because “notes” are explicitly mentioned in the definition of “security,” courts have held that there is a strong presumption that notes are securities subject to the Securities Act.

You are now a part of one of the finest communities around for improving your real estate smarts and skills.For the record, the exact mechanics of "subject-to" vary from state to state.

But if you are a motivated individual, property management can be a tremendous way to learn the mechanics of real estate investing. 

I'm actually a Mechanical Engineering grad from the University of Florida.

The owners did very few improvements to the house over 25 years except getting all the mechanicals updated within 10 years of selling to us.

My name is Sam, I’ve been a full time mechanic since I finished high school a few years ago.

RTA cabinets often have all wood and even soft close mechanisms for an awesome price. 

The only thing I inspect for when putting a property on contract is the extent of the rehab on the mechanical side, (Termite Damage, foundation Issues, Plumbing, Electrical, Roof Replacement) and then on how much I want to spend on cosmetics (Paint, Flooring, Kitchen, Fixtures) etc.

All mechanicals were replaced except for roof.

My only disappointment was that you didn't use more caps lock in your second comment, as I was confused at which parts you wanted to indicate yelling/emphasis