(unless of course you have a ton of money somewhere)If  I were in your shoes, I would get a W2 job while learning the ropes on REI.

BUYER now has Vested Interest via the CONTRACT, said CONTRACT is PERSONAL PROPERTY of BUYER/WHOLESALER, it is not REAL PROPERTY (Simple way to think of this, your mileage may vary: Real Property has a Parcel Number, a Deed, and Address, Personal Property doesn’t).BUYER/WHOLESALER then elects to TRANSFER her interest in her CONTRACT, which is PERSONAL PROPERTY of BUYER/WHOLESALER,to a THIRD PARTY.BUYER/WHOLESALER transfers the CONTRACT, with all it’s rights, to THIRD PARTY, via an Assignment of Contract, for an Assignment Fee.THIRD PARTY now holds the CONTRACT and ‘steps into BUYER/WHOLESALER’s shoes’, with the lawful ability to execute the CONTRACT under it’s terms and conditions.

I'd likely buy it if I were in your shoes and had no plans on moving. 

If you need any help along the way, just come back to the forums and there will be plenty of people who have been in your shoes to walk you through the process.  

@Jonathan Alexander I'd look at it more in the shoes of the note signer: for signing a note and being fully responsible for $200,000, you're promising him $200 a month.  

I'm brand new to BP, I just heard of it today and it seems that it's filled with very knowledgeable people with great advice and I'm just curious to see what you would do if you're in my shoes. 

I know this isn’t his first rodeo and there is no way I can get exclusive rights at 4 or even 3% listing commission.What would you do if you were in my shoes?

I'll get this train rolling and follow in a fellow Tyler's shoes thanks again man! 

I think if I were in your shoes, which I clearly am not, I would move on this property if the numbers make sense, knowing that I would do more to attempt to protect those other tenants than the current landlord is willing to do.

Thanks again to all shoe responded!!