New to this type of deal, but essentially do you give the monthly mortgage payment to the current mortgage holder, and expect them to pay it in their own name?

A fair bit has been written about "tenant blacklists" that have essentially been created by preemptive filings for eviction by landlords in NYC and other cities which have severely hampered tenants' prospects for finding housing over relatively minor issues occurring during their tenancies.

@Wayne Brooks I was thinking the higher interest would essentially work as income for the seller.

It’s essential to purchase your first property with your own CASH to rake full advantage of the BRRRR method.

Essentially, find a property that can cashflow with a renter as well as have the opportunity for some value adding.

You're, essentially, putting 15% down, and they are lending the rest.

When these homes are rented to students, the property managers are charging each student essentially the cost for a 1bd 1ba apartment for a single bedroom.

  (5) I now stick to growth markets like SF/Marin County, Las Vegas and college towns where you essentially have endless demand (with parent guarantors).   

This accomplishes essentially the same thing as inline fan Jim was talking about above, but it's not as discreet.

Essentially you “bet the company” based on your assumptions being right, because you only have one shot to make it pay, and ultimately the amount of “unknown data” is equal to the risk you take.