This eliminates the "subjective" component that gets so many investors into hot water.  

Its a subject-to purchase, effectively with no agreements. 

The fact that REO properties are always AS-IS has nothing to do with the fact that many sellers of real estate are offering their property subject to inspections and negotiations on treatments, repairs, and replacement.   

Here's a couple resources that might be helpful to start with:https://a17.asmdc.org/issue/ab-1482-frequently-asked-questionshttps://cal-rha.org/legislative/ab-1482/Best of luck with your new investment.

Do your DILIGENCE and use their "urgency" as a negotiating lever- If the seller requests to move-out after the closing date, be sure to hold half of their profits with the closing attorney to ensure they move out on the agreed upon date- Visit the home frequently.

I was talking with a lender today and he was under the impression that loans processed through Fannie Mae’s Desktop Underwriter (DU) would not be subject to the dreaded due on sale clause if the mortgagee were to deed the property into an LLC or trust.

In all likelihood, you would own an incomplete 14-unit project now subject to a 1st position mortgage.

Then get get your buyers to sign a contract subject to their inspection of the property with earnest money as well.

I frequent Schaub, Graham, Meet Kevin, and some others.What have you found the most informative and helpful? 

Now let's meet the players.There are four key players in this equation and we will just call them A, B, C, and D.A: Possesses the title free and clear of the current subject property.