Off-market deals give you control over pricing, terms, and creative financing options.

As mentioned, that is not in your control. 

I understand the two main downsides of condos being monthly fees out of your control and little appreciation. 

It also depends upon the CCRs themselves — they can control as to priority — and the date of the assessments in question versus the date of the lien being foreclosed.Way too many variables for an accurate answer across multiple jurisdictions.

This is a significant potential benefit that can impact everything from security deposits to rent controls to eviction procedures. 

Both assets have two ways to make you money:Regular income (rent/dividends)Appreciation (property value/stock price)🛠️ Control FactorNow, here's where real estate often shines - you have more control!

@Henry Clark When counting units and sizes in step 1, should climate controlled units be excluded if someone was to only target the non climate controlled drive up market?

I would consult an attorney who specializes in this.Also, assuming the property is in California, if it wasn't subject to CA Rent Control, once it goes into the LLC, it might be.

Subject-To is for giving someone who would not normally have control over the loan control over it.

.✅ Master Lease Option (MLO): Take control of the asset with an option to buy after stabilizing revenue—especially useful if the property is underperforming.✅ Equity Earn-In: Offer the seller a minority stake (e.g., 10-20% ownership) instead of cash up front.2.