Can i do a subject too deal and live in the property and keep if its underwater or is it better to rent?

This obviously is a little bit touchier of a subject.  

Are they willing to do subject-to or seller carry?

You most likely know the original owner and you can contact him about buying subject to the mortgage.  

While you may be exempt from the DF Act, you are still subject to predatory lending issues, too much financed, over priced property, borrower placed in a position where they can not perform, lacks ability to pay, and other matters may apply.

These articles are very subjective and often times don’t represent the complete picture.

What happens if a buyer buys a house subject to the existing mortgage and then defaults on the loan while its still in the seller's name?

Form 3 (or more) LLC’s to avoid having all assets being subject to getting sued. 1 – An LLC as the buy and hold holding company, 2 – An LLC for flips, 3 – An LLC as the operating company (heads into contracts, collects rents, etc.).

I distinctly remember there were things they did with the hot water heaters, and they were advocating replacing the rubber hoses on appliances that use water (such as dishwasher, washing machine, etc) with some kind of metal hoses that are virtually indestructible.There was a goldmine of information about good preventative maintenance steps for rental houses...

Hello I have been listening to all the podcasts (in my car/office) but not said hello yet, i'm from Washington state, even heard Brandon in Poulsbo Wa (PODUNK WA) I have had a house under contract for some time now 6 years or so, when I paid the arrears I also took 6 months off to remodeled it , (never again, learned a ton though) I obtained it subject to existing mortgage, I sold it once Lease option, got it back, rented it out about three times, I repainted the inside (third time) last week put a FSBO sign in the yard and have sold it rent to own to a nice couple with $10,000 down and $140,000 sales price. ( I meet with them this Saturday) They have agreed to $1080 per month (I didn't say anything about interest rate but i think that is about 8%.