Lease assignment strategy?

[Pam N.]

After listening to a cd by Ron Legrand I am thinking of focusing on assigning contracts from homeowners who are underwater and helping them put a renter in their home who will take over their mortgage and pay for repairs. The renters will generally be people with bad credit who can't get mortgages but who are able to pay. Has anybody here tried doing this? Have you run into any problems? I think I'm going to jump in pretty soon here.