These facilities often have stable and predictable income streams due to consistent demand, making them attractive investments.Additionally, the trade-off between the speed of closing a deal and the long-term financial implications is crucial.

Here are some potential steps and considerations for your friend in dealing with this issue:Steps to TakeConsult with an Attorney: It is crucial to seek legal advice from an attorney who specializes in real estate law.

Understanding the nuances between theory and application is crucial!  

Establishing connections with nearby experts is crucial.5.

This step formalizes the transfer of rights from you to the new buyer.It's crucial to ensure that all parties are aware of and agree to the assignment process before proceeding.Closing:At the closing, the new buyer typically pays the purchase price outlined in the original purchase agreement directly to the seller.Simultaneously, the new buyer pays the assignment fee (your profit) to you, as specified in the assignment agreement.The closing may involve a title company or attorney to facilitate the transfer of ownership and ensure all legal requirements are met.

:) I think the most important aspect of OOS investing is building a reliable and trusted team in the area.

Hey Tadiwa, happy to help on the cash flow & lending aspect!

@Katie Southard   Just a thought many mailboxes aren't locked so the liability aspect if the key is not marked is likely slim to none. 

We sometimes "inherit" buyers from realtors who have created highly unrealistic expectations on performance, ease of self-managing and other aspects of owning the home.

The improvement aspect of real property (as opposed to the land) does depreciate.