Look at insurance and tax costs, those two items are the biggest killer of cash flow.

It’s a 2/1 750 sf house built in the 1920s with  a concrete wall foundation and partial basement.   

So again I'm able to do that because I've built a life around real estate and it takes time a resources to consistently get deals like that.

Taxes are another item on your deal analysis.  

I like good neighborhoods, with sloped tile roofs, stucco siding, built in the last 20 years. 90% of Las Vegas SMF checks none of these boxes. 

For me TX is over-built.

You make the payments to the lender.Oh, and just in case, there are more items to know about when considering a "sub to" transaction but this is just a comment on the payment aspect. 

We own 2 properties in El Centro, CA:SFH 3/2.5 (built 2016) worth approx 650k.

It saves me so much time in building those items myself.

Please note that contrary to common belief a lender can NOT prohibit a transfer, they could only declare such transfer a item that allows them to accelerate the note.Up until now, very few notes have been “called” due when title has transferred.