---- Google your property address to find out!

.: I just added up all my interest paid in 2024.

Purchasing subject to allows you to (1) buy a property and pay a lower rate (3-4%) that was in existence when the loan was originated, so cash flow will be better as well as equity buildup; (2) not have to qualify for the mortgage saving time, expense, and allowing property purchases in greater number than otherwise and (3) no personal liability on downside (4) no debt added to your PFS.  

Regarding insurance adding additional umbrella insurance is great idea. 

If you're looking to do value-added deals out of state, you're decreasing the chances of having a successful experience.

It is cheap real estate but adding maybe 5 properties there would saturate the market, and that is exactly what happened.Regarding the discussion about cashflow v appreciation I think you can still have both.  

google "all inclusive Deed of Trust" fantastic CA document we used all the way back in the early 80s If I'm not mistaken though a wrap would require the 2nd buyer to also agree to financing terms; which would be the same as me (the 1st buyer). 

We also require that we be added to the contractor's insurance as Additionally Insured, so we're covered if they cause damage or liability issue.3) If the property is occupied:- One of our people MUST accompany their person (and we charge for this). --- We were sued many years ago, along with the owner, because tenant claimed owner's contractor sexually assaulted them!

When I ask "Professor Google" about this it says C4D is NOT illegal in TX, just strictly regulated.

This long vacancy period can result in significant loss of income and added holding costs.