The ARV was based on comps built within 5 years of subject with +/- 150 sq feet.

Hi fellow BP members,As the subject line suggests I'm a newbie. 

Decor upgrades, the addition of private hot tubs, and a fenced in yard for dogs have all added to the marketability and the occupancy level of the property.

Q: is "subject to" reasonable since the property currently is not officially in foreclosure?

This definitely gives me a little more insight on the subjects.

Many posts here have strong opinions on the subject and it has my head spinning some.

LOL.. most investors probably would not have bought there because the returns would have looked to low compared to other markets in the country... but as you point out you mitigate risk with the proper property to start.Much like what happened in the Portland market.. not a hot bed for most investors to buy rentals other than savvy locals or CA folks. 

As some of you may know, CO is currently in a HOT market and Parker continues to grow steadily as a suburb in the southern Denver metro area. 

Another solution may be to vent the attic space, if it is getting to hot up there and cool downstairs, that will cause humidity at the ceiling and  while your at it check the insulation in the attic, make sure there is enough to keep the temperature difference between the cooled space and the hot attic. hope one of these helps you.

Question: when you purchase a property "Subject to the Mortgage" and you get a Mortgage Interest Statement from the Bank (1098) at the end of the year, How is the interest paid the lender accounted for?