We have both master and individually metered properties and master metering is terrible for financial performance.

Alternative options: Properties with garage apartments, accessory dwelling units, or possibly master suites that you could enter from an external door and just hole up without ever having to see the people you're renting rooms to.

Is there rent payment for lease options and master lease options different?

Is there rent payment for lease options and master lease options different?

My wife and I didn't have a master plan but my background lended to getting going and ultimately that same house in the Raleigh NC area when selling was a huge contributor to our year 2015 - as the roughly 85k in equity in that Raleigh NC area house we put towards 2 rental properties that have done well. 

So I am going to try and talk to the seller and see if they would be open in doing a "subject to" or agree to do a "master lease agreement".

Their reasoning tends to be if they take back the property on a defaulted mortgage they will not be managing themselves so will not underwrite it that way for evaluation purposes.If this seller gave you a master lease or an option period before you buy and close on it with no personal guarantee then you might gain valuable experience and could walk away if it does not work out.

i have an unpermitted master suite and need to see if it can be brought up to code or have to tear it down!

We had 3 master plumbers check out the property and nothing was ever found.

Do you have some kind of master account with money gram/western union ?