I am looking at purchasing a property subject-to and looking for some advice and some answers on a couple of things.

I am guessing you mean what happens if the sales price of your house is not enough to cover taxes owed.

Hard Money is fine, but it has its red tape, and Hard Money has its own investors they need to keep happy and you are subject to guidelines, rates, processes changing on the fly and working against you.  

.: I was asked by a new to real estate couple, to compare doing a 20% cash down, Buy & Hold Rental property using conventional financing and buying Subject To and selling to a Tenant Buyer with creative finance and what that would look like.This is an actual deal I did.

not sure if that's what they're called in TN).A land contract, subject to and wraparound mortgage are 3 different things.Both the land contract and subject to are purchase agreements.

That’s why so many investors here either focus on small multifamily (duplex/4-plex) with value-add potential, or Invest out-of-state in markets with better rent-to-price ratios.If you’re trying to make it work locally, here’s what most people are missing:Strict underwriting first: If rent doesn’t cover mortgage + taxes + insurance + PM + reserves, walk.Off-market sourcing: MLS alone won’t cut it - look at absentee owners, probate lists, direct mail, and investor-friendly wholesalers.Creative financing: Seller carry, subject-to, or using HELOC/cash-out from another property can make borderline deals work.If your goal is real cash flow, the fastest path might actually be to redeploy NJ equity into turnkey homes in the Midwest or Southeast markets like Akron/Canton, OH, Columbus, GA, Birmingham, AL, parts of TX - where numbers make sense, there are strong seller concessions and property management is simple for out-of-state owners.Always happy to chat more about what's worked for other investors.

Quote from @Ruchit Patel: Seeking recommendations for an investor-friendly closing attorney in Metro Atlanta with proven experience closing Subject-To (Sub2) real estate deals.

If anyone is interested, let me know.Thanks,CharniseAs Chris mentioned if an IRA uses leverage the income matching the % of loan amount will be subject to UBIT.

Does your mentorship cover the following?

Your lender, if they choose to fund without a Title V inspection, will typically require that you escrow sufficient funds to cover replacement of the septic system, should it fail inspection.