Hello Doug, I am not a real estate attorney nor is this legal advice.Unless someone's state has specific laws banning contract assignments you should be fine doing the following.  

Hopefully I am not being too ambitious given this would be my first ever home purchase.

Quote from @David Cooper: Quote from @Lauren Sanford: Quote from @Jim Rice: Lauren, really just trying to put together a group that would what to meet up if possible and share education, information & build relationships.

Was this a flip or a new primary? 

Because you won’t owe anything, and because I ASSUME you aren’t going to bother trying to go after them legally.

This is critical.

I'm currently going through this with one of my clients.

Is this something you use outsourced resources, or are there others on staff that do handle this aspect of things? 

I'm still using it for flips and other investments but not trying to be long HELOC loans as 10% is still expensive money.If you want to talk more, I'd be happy to have a conversation.

I'm going to try leasing the place out myself again, but if I'm struggling, I will hire property manager.