Investment Strategy:Buy and HoldInvesting herebecause: Potential to Appreciate in Long Term (10yrs+), want to build NetWorth, Affordable in my budgetYear 1 Evaluation: Gross Monthly Rental Income = $2,042.50 Monthly Cashflow = -$76.05 GRM = 12.79 Cap Rate = 5.12% CoC ROI = -1.11%Hoping that theinterest rates go down so that the monthly cashflow becomes +ve.

So hopefully all are clear:By definition, a SubTo buyer does receive title.

Hope to add more to this list. 

Hope this helps!

I hope they give it a face lift while they're at it.

Better to lose money than let them get into that relationship with you.

I hope these 203K loans have gotten easier now ( I doubt it) but I would speak with a mortgage lender that has experience doing these loans. 

I'm not worried about the house selling or losing value; Well always worried but anticipate and manage costs and calculated risk. 

I'm hoping to connect with other California investors in the same boat and learn from people who successfully manage properties out of state.

At least you’re not in danger of losing your home.