Check out this guy telling people to use the "subject to my partners approval" to get out of a contract.

Corrected Subject Heading Should Read BORROWER LOAN DEFAULT IN ATLANTA GA

Justin Dixon you'll have to take title subject to the existing mortgage.

If you are looking for a HML, try finding local investing clubs and/or Chambers of Commerce in or near the area of the subject property.

If you pay yourself a property management fee then you report it as a rental expense but you also need to report it as income - and its subject to income tax and also another 15% self employment tax on the bottom line, and thats where you lose.

If there is an underlying lien, how are you paying for the purchase...the seller will be in second position...Did you consider a subject-to? 

My question is whether I proceed with a subject-to or a master lease?

The only niche you need are these two CASH FLOW or EQUITY.IF THE property has either of the above - than considered ituse creative acquisition formulas use delayed settlement tacticssubject to only one out clause employ a skinny contract offermake offers everyday subject to inspectionsmake an offer on every property you find use check fundsdo not use an agentdo not deal with listed real estatework on FSBO's and expired onlyAdvertise on the radioControl and Roll everything you findHave fun and enjoy this wonder profitable exciting cash flow business

I have talked to enough attorneys regarding activities of being a licensed real estate agent and how the Bureau of Real Estate in Sacramento views unlicensed activities.Either get your license or have a licensed agent - broker in your LLC, that's my advice, if you are doing  lease option Dios, subject to deals, or wraparound AITD deals.For cash deals, no license needed.

Hi Chris, my note idea came from reading BP blogger Jeff Brown's posts about the subject.