If they will sell property on a Lease Option or Subject To Existing mortgage, are the mortgage payments still be declared in the Seller's tax return?

Absolutely, traveling contractors do exist, and they can be a lifesaver for projects like yours!

Helped us pay off the mortgage, now we are paid to live here after paying all expenses like taxes, insurance, utilities,  internet,  etc👍 

But then again, if that existed, everyone could run the numbers and do this. 

This is the most conservative way to begin because theres no rush in rehabbing and you also get to live somewhere where people are paying your mortgage.

I often joke that if they want a 1/3 of the revenue they should put up a 1/3 of the down payment and co-sign for the mortgage..lol Also depending on the geographical region, there's a chance the larger PM operations could be managing several properties in your area.

When the thing dies (which is not nearly as far in the future as you may think, LEDs have been getting cheaper and shorter in lifespan) you will have to replace the entire fixture.Light bulbs exist for a reason, there is no reason to replace a fixture because the lighting portion failed.

With the new Business Owner/Investor continues to pay the Mortgage with a service company so payments Principal and Interest go to the Bank as scheduled per the original MortageHow can the new buyer do a wrap (#subject to) with the #first #lien for the underlying mortgage where as the Seller equity is in the second position?

Full disclosure - I'm a mortgage broker actively placing private money construction loans. 

If you're looking to leverage a mortgage, plan on a 25% down payment for a condo/townhome... the vast majority here are non-warrantable.