If you proceed follow your state and county laws because serving them wrong will only delay the process and cost you money.

If for any reason there is a delay inform the customer immediately.

Lloyd Stanton Patrick Parry Thank y'all so much for the feedback and sorry for the delayed response.

You'll need to watch it closely without injecting delays in the process.Another thing you might consider is to do each house from a unique checking account.

If I were in your shoes, this is what I'd do. 1. review/read the details of minimal requirements (see Brian's link)2. compare the agent's proposal against the requirements and see how they match3. determine your comfort level and decide...Sidebar: I took a few minutes to see if I could find any recent L/O agreements in Cumberland county.

How are you minimizing the risk of the lender calling the loan on your Subject-To deals?

It's going to waste another month of your time, and delay the closing on the sale of this house by no less than 45 days, if your seller backs out and solicits another buyer, now that the home is tainted with 'back on the market' status, and it's appraised by anyone other than Sally.

I work a full-time job, have a strong/stable income, near perfect credit, 3 days off/week to dedicate to RE, access to frequent and inexpensive airfare, and enough saved for 20-25% down on a 50-150K property.My criteria would be at least a triplex (preferably a four-plex) that needs minimal rehab that also falls within a relatively-stable rental market. 

Your returns when doing so will be huge and your time involved will be minimal.

Investments have to stand on their own with minimal oversight so that an investor can scale a portfolio.