One of the biggest is the ability to put ALL of the expenses on the tenant...all utilities, lawn care, snow removal.

Point #3 as mentioned is less passive then #1 & #2 it will come down to your confidence in your operators ability to execute.If you decide to take on #4 this will take quite a bit of your time.

I don't disagree with @David Tipton, but I think mixing corp funds and personal funds is always a bad practice, both court and irs, I am sure you are aware of that.

Alex, it is probably a contract issue you might look at with the pm if you want that in your agreement, and it may not be a great practice for the pm to do this , especially if you use a pm to avoid this very issue and have anonymity.

Past history, current practice, tax return treatment are all a part of the picture you paint. 

Hopefully at a lower rate as my ability to increase rent say once a year or between tenants depending on improvements.Not "in love" with it,.

@Dennis Weber  spread the word find me someone who is deserving and who has the ability to post pictures on BP and can write about it as well...

I have done hundreds of them and did them all myself.However in practice lender calling the loans it rarely happens as long as you keep the payments current.Now I am not a FAN of sub too for most Sellers I think they take huge risks because most buyers of sub too don't really have the wherewithal to cure if the bank calls the loan.So if you have as a seller deeded your property away and the buyer walks your screwed you don't own it any more so you can't refinance and you have to do a foreclosure to get it back which costs thousands. 

It is not no underground practice for people have been doing this way before the practice got it's name "Real Estate Wholesaling". 

Over the years of struggling in this business, trying to put deals together, working to earn a commission or an equity profit, I am blessed to have had the ability to be innovated and with creative imagination to invent systems, techniques and concepts that produced short cuts and made my job easier, rewarding and fun.Some things I have used or invented to help myself and associates to relieve the pressures of this business:A business card that people keep and play with and ask me for moreA Indian Head Nickel that has gotten the attention of bankers, prospects and many people who have received it.