Free and Clear Newbie Strategy

[Cash O'Conner]

I have some free and clear property leads. Of course the owners are asking ALL CASH at retail price. My newbie exit strategy is to ask the seller to drop the price, (comp estimate - 30%), and tie it up under contract.  Next I plan to assign the contract to another investor who can sell the property properly. 

Is this a sound strategy? 

I'm choosing this strategy vs seller finance or lease optioning, because I'm in TX for one, and I just want to get in the game already. 

Thanks for letting me share.

P.S. Grapevine talk is SF and LO are hard to get involved in TX as a newbie. Not saying this is a fact..