Does making this part of your evaluation potentially tie to discrimination laws?

Someone who knows the tax law and specializes in real estate.There are a number of great CPAs here on BP.

.- Make sure you are in compliance with state law (is this New York?)

You could invest it with another hard money lender (not a solicitation, I don't take investors) Or you could lend it to one rehabber for downpayment and working capital on a partnership basis.Becoming a hard money lender requires knowledge of real estate investing, knowledge of lending laws and regulations, and much more capital than that. 

In Oakwood, OH, an investor took the city to court for their POS laws, that were eventually deemed unconstitutional, because they infringed on the citizens' 4th amendment rights."

As far as getting a sub2 contract, then assigning that contract, I don’t know that I’d want to be stuck in the middle if the buyer fails and law suits start flying.  

We currently live in Hawaii although will eventually move back to Montana where my in-laws are and we can enjoy a lower cost of living.

@Mark Rocha yes sir, appreciate the time taken for feedback, from vet to law enforcement, thank you for what you do bro.

However, when I read over some of Texas law I see this:1) S.A.F.E Act - Seller is required to be licensed (Residential Mortgage Loan Origination (RMLO) license from the Texas Department of Savings and Mortgage Lending when property is not seller's homestead and/or sale is not to family member.2) Also, I read that after 2005 Texas regulation changes - owner financing deal is recorded with county and a trustee has the deed instead of seller. 

My lending agent told me I was actually one of the easier ones he has done.I don’t know if different states have different laws about this, but definitely ask around and do your research.