This could potentially drive up the price on the subject property. 

I would greatly appreciate your input on this matter.Here is my setupPurchased property under a TrustLLC in FL owns the TrustHolding company LLC in WY owns LLC in FLI purchased the property sub-to, took over the seller's mortgage and I’m working on setting up insurance for the property.I understand I need to keep the seller as additionally insured in my insurance, but the seller no longer has "interest" (ownership) either in the Trust, nor any of the LLCs nor in the Deed nor Settlement Statement.

Is the walkout directly to the backyard or up out of a Bilco door?

Pick one strategy and master the due diligence side of it.Another thing to keep in mind is how much capital you have, and how many properties you want to acquire.

I work in the yachting industry and love being on the water.

And if the yard space was part of the lease I guess it makes sense to reduce the rent a little.

There are lots of stated and no ratio type of mortgage loans out there but it will always come down to what are you willing to pay

As a general rule I like to buy the worst house in an area and make it one of the best.

First of all, welcome to BiggerPockets!

Right now, you are thinking of yourself and how to get you ahead and not stepping back and looking holistically at the process.