.#8 If you think the renter was legit and legitimately scammed, see if you can figure out the numbers, address, payment method, and advertisement.... file criminal charges with the police. 

General early retirement questions -what I sense you asked in your original post... you want to know how to arrange your 'numbers' to enable early retirement?

In 2015, we qualified under Tier I of the federal Regulation A and were enabled to offer up to $20 million in nine states.

If she buys the place she can fancy it up all she wants.At any rate, print her up some forms she can send to you via snail mail when she has some legitimate repairs to be made and, if need be, block her daily complaints about things being old and gross.Gail

The LEGITIMATE reasons for assigning a contract would be to put it into a company name, put it into your IRA, take on a partner and put it in both names, etc.

If you have a legitimate, workable deal, you will have buyers".

So if you can get a zoning variance to enable you to use it as a legal office,  wedding venue, accounting office, day care center. 

I won't legitimize your diatribe further by correcting your errant and flawed view of how things work.

Both of these will keep your costs down for expenses and will enable you to get some cash to put down for your next investment.

I've seen fancy excel analysis spreadsheets/models that churn out pure crap and make a legitimate, cashflowing investment look like a money pit that would push an owner into bankruptcy after a few months.