Its not like you can discriminate based on race in some states vs others so in practice (even if not in theory) the application really shouldn't have to be all that different across the US.If it helps, I'm in a non-rent controlled area, as is over 60% of the nation.

In my mind, it only makes sense that the Fed is going to feel better and better about letting interest rates rise as job health is restored.I know many think that interest rates will rise based solely on the fact of the government printing money; however, that theory has been getting tossed around since the housing crash, and there has been very little inflation.

I am interested get updated on these two missing items to update my theories.

In theory a lawsuit against one company would not affect the other.

(Though, the theory is that the overall demographic trend in the U.S. toward Millennials having a preference for renting could be part of a mild rise in rents.

Should $120k be where I draw the line in order to get the most bang for my buck?

@Victor WarnsleyIt's amazing how the reality of owning investment property differs from the theory of real estate investing.

@Ronald Best Great theory - doesn't happen in practice. 

Steven in theory that works, but many times a buyer does not want an assignment contract, they want their name on the agreement.Also, on an assignment fee, the buyer can not use that cancelled check as a down payment.For the more expensive homes the buyers want a new agreement between the seller and the buyer.You can do a reverse assignment on a sandwich.1.

I like your theory of building a buyers list first to discover what they want and look for properties to match their criteria.