Hello, I am new to real estate investing and I have a tentative verbal deal on a pre-market lake property that I would eventually like to make my retirement home (10 years or so).

My out-of-state clients love it here because there are still deals that are positive cash flowing, meet the 1% rule and has tons of appreciation.

However, I have seen just a single deal in that same time, where a subject to could have benefited the seller.

@Justin Garrett - Your deal sounds awesome Justin!

I would not do any seller financing or lease to own deals as you don't want to end up with that home all beat up in five years on a default.Sell to cover your investment and if you can squeeze out a little more- great. 

Marketing, management, deal underwriting are all very different. 

What made you interested in investing in this type of deal?

How did you finance this deal?

@Jack Hamm, how do you know the wholesaler isn't overpricing the deal too?

Its more of a screening tool so that you don't have to deeply analyze deals that likely won't cash-flow. 2.