Quote from @Miguel Garcia: If I look into investing out of state should I look to get pre approved by a lender in that area or would a lender in my area be fine?

Compare my bottom line to those who claim it's fine to invest where you get a $100 a month cash flow and sometimes actually even get rent. ;-) IMHO Thank you so much for your insight.

Not sure what I did wrong, but it appears I am not able to start a post for questions, but looks like I can answer post fine. 

You are taking over for someone who didn't care at all about the rules and you want the city to just be like, "yeah, this is fine"?

Will stay tuned!

Stay tuned!

When the rent rates stabilize, I suspect they'll bring it back.I wouldn't try it in a location like Portland, but 99% of the country would be fine with a policy like this as long as it is disclosed and applied equally.

Returns you can do just fine.  

Just clearly state that you supply a starter supply of listed items and you should be fine.

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.