@Alex Mikhals what you are requesting doesn’t exist (especially not for that price).

Look for places where current rent is under market and then plan to do some light rehab/repairs after existing tenant moves out to raise rent.   

Every decision you make to buy is based on how the exist lines up and sets up the next buy, and so on, and...

Since I plan to DIY landlord and my skill set so far are close to non-existent, i know I won’t be able to keep a B class tenant happy.

In either case, you should verify that you are eligible to transfer the funds from your existing retirement account (e.g. if the funds are in your current employer 401k, you will likely not be able to transfer until you quit your job).Considerations in Setting up a Solo 401k to invest in real estate:1.

If there is an existing title policy the title underwriter is the best party to start with.

If I understand your question correctly list the property 'subject to the existing tenants' should cover you. 

I've been reading a lot of books, listening to podcasts, and reading posts on here to educate myself.My wife and I make roughly $220,000/year from our jobs (also have Airbnb income of $10,000, but that's non-existent right now), and our jobs are fairly secure.

Any changes are subject to laws in existence at the time of the notice of change Of terms.”Can I give him 60 days notice and end his lease on July 31?

Your ability to solve the sellers problem could score you amazing terms that make the deal extremely lucrative for both you & the seller.Subject-To financing requires you to take over the existing mortgage on the property with the same interest rate and amortization, but could result in the lender wanting all of their money when the title changes hands.