Is there a way to do this while legally protecting myself from liability (i.e. having them sign a waiver)?

People spend a lot of time and effort trying to find "subject to" deals.

The best thing to do, is get educated enough to explain to private lenders how you will protect their investment with you.

Spend a few hundred hours in home depot.

We were stupid to pay him through e-check and have no credit card protection. 

So I thought how about the education market - universities - not college students but rather graduate and professional students (e.g. medical students who spend 4 years in one place).Targeted tenants.   

Everything looks good financially, however I've not sure what I should look for or how to protect myself from, any possible outstanding taxes or other liabilities that might be hiding out there on the subject acquisition LLC.

I’m wondering...(1) If the association decides to implement a no renters policy and I already have the tenants in the unit, am I protected under a ‘grandfather’ situation, or could they force my tenants out?

I don’t live in your area but I would think in a house that size you would spend your entire $20,000 on the kitchen alone.

Chad,AFAIK there is nothing to preclude you from protecting your interest in the property as lien holder.