If you think you will go FHA, Conventional, FHA 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.

@John Payne,In such a scenario, the lien does not need to be eliminated, it only needs to have the arrears in payments brought current.Lenders are not typically notified of "subject to" as that would trigger Due on Sale, generally speaking.Understand also that the actual "foreclosure" is the sale of the property at auction.However, just because a sale occurred does not necessarily mean the deal is dead.

And Larry Harbolt's meetup that occurs every Monday in the St.

If you think you will go FHA, Conventional, FHA 203k, etc. and then Quit Claim the property, to a LLC, or a Land Trust you run the risk of the lender discovering a Title Transfer occurred and activating the "Acceleration Clause" or "Due on Sale Clause" that requires the loan to be paid in full, within 'x' number of days.

Ignorance is bliss.Heaven for bid if the day ever comes when the impossible occurs, the market turns and good buy equity.

That would slow me down when vacancies occur.

When they started to replace the flat roofs, they realized additional damage that had occurred with the mansard roofs and that led them to discover that much of the sheeting around the mansard windows needed to be replaced and that led to all the gutters needing to be replaced, etc.

The other option would be to notify them ahead of their arrival that this might occur and the reasoning for it. 

How long did it take to rent the place out when/if vacancies occurred.

Mold and rot occurs from the moisture not drying.