I feel that if both parties understand the risks; if real estate investing is their business, if both parties are sophisticated and experienced investors, and both decide the risks are worth taking, then subject to can be a workable tactic.  

Since you will basically be doing all the work including finding the deal, doing the construction and leasing/renting it out, that might make sense from a structure standpoint.

But an amazing business model. 

Just last night I was flipping through my business journal (my personal journal but I keep only business thoughts in it).

Just curious how many investors on here do new construction spec builds?

Appreciate your feedback.Another question I have is related to Cashback from the business credit card.

It’s basically applying for several business credit cards with 0% interest until we have the amount we need.

if the private sector operated this way, they'd be out of business really fast.I'd just rent it out; you did what you had to do.

I did not know that most DSCR lenders don't prefer a business model aimed towards student renters.

It's important to keep your personal funds separate from the funds of the triplex which is a business.