Subject to is (a) strategy I use to acquire properties.  

I'm a rookie investor looking to get my first property and am very interested in the subject to strategy.

The reason is that flipping is earned income subject to FICA (social security tax {14%]) With an S Corp some of your income can be a salary subject to the FICA tax and some can be a "Dividend" which is NOT subject to FICA tax.I think @Ryan Coon has said some things that might be misleading.

Quote from @Austin Lowe: I purchased a property subject to two loans.

Hey BP Fam —I’m in the process of structuring a potential seller finance or subject-to deal with my neighbor here in Granbury, TX, and I want to make sure everything is done by the book and protects both parties.Quick context:Seller is elderly and very trusting, so I’m prioritizing clarity, legality, and peace of mind for herProperty has an existing mortgage at 4.375%She’s open to letting me take over payments, and we’re looking at options like subject-to, wraparound, or seller financeI’m not looking to cut corners or “hack” the process — just want to do it the right way, avoid trouble, and keep this deal safe, simple, and cleanI’m specifically looking for a real estate attorney in Texas (bonus if you’re familiar with Hood County or the DFW area) who:✅ Understands creative finance deals (SubTo, wraps, seller carries)✅ Can draft documents that protect both sides✅ Has worked with title companies that are SubTo-friendly✅ Ideally understands how to minimize due-on-sale riskAny referrals or recommendations would be seriously appreciated!

Someone stops paying and there is a process outlined in the documents on the default.

Appraiser will use data from whatever closely matches the subject.

The estate may be responsible for cleaning costs if outlined in the lease.Death-Related Issues: If the death occurred in the unit, some states may require disclosure to future tenants if the death was due to violent crime, suicide, or certain circumstances. 

Once we approve this, we sign an agreement with the tenant that clearly outlines the payment terms to avoid misunderstandings and, most importantly, to have legal backing if the situation escalates.We’ve had good experiences with tenants who are upfront and communicate their situation honestly, as it shows responsibility and willingness to pay.If you charge late fees, it’s important to set two clear payment windows—for example, the first payment between the 1st and 5th of the month, and the second between the 15th and 20th.

However, these transactions are quite a bit more costly to conduct and are subject to similarly strict timelines.just a side note, not sure the full context of you previous failed exchange (the one with the land contract) but just a heads up that you can actually exchange into land.