I really look forward to using biggerpockets.com to aid me in achieving my dreams and also adding to the community so others can achieve theirs.  

Here is what I do know:Short saleAsking price is $89kListed for 223 days (sellers could be motivated and may come down on price)3/2 on a corner lot, 1,164 square feetRoof looks good, outside needs new fence, some paint, landscapingA/C needs to be replacedComps sold recently between $120k and $130kIf I make an offer at $80k, put in $20k for repairs, I could possibly sell for $130k and walk with $30k profit.

Way to go on your first rental that's just motivation for the rest of us.

I look forward to achieving the results that you have been able to attain.  

The seller is motivated and is also offering seller financing (terms unknown at this time).  

It gives me motivation that some one actually cares.

I know it must feel good to have achieved those two accomplishments of  positive cash flow and having a real estate license.

@Vincent Grant Thank you so much for the kind words of motivation.

I am highly motivated and ready to take action!   

There are many pitfalls to Sub2 deals, they can work in certain situations with motivated sellers and properties in any condition, but you need to understand the consequences of what you agree to.