That may be a screaming deal for your area or it could be a dud.

To me, the "and/or assigns" and "vesting of title to be determined...." both scream out wholesaler/flipper, which gets you rejected on most properties listed by informed agents. 

Unless you think your buying it at such a screaming deal that anything could come up and your OK.. but the wholesale deals i see are razor thin for the end user. and the wholesaler ( bless their hearts) make a fee with no down side risk other than what they have spent on marketing..

Keep your powder dry and wait for other investors to scream in pain. 

If it's a screaming deal, then maybe.

Excellent description .. these are millennial's that are not brain dead and at least  know that renting is just throwing money away.I stumbled onto Charleston SC  6 years ago.. and built the 2nd infill new construction that was built for SFR in the area of America and Aiken st.. prior to that there was not an infill or new build for the last 25 years.. public housing rough area all of that. but LOCATION just screamed of gentrification.. 35 new builds later and price points when i started were 350k for a new build last one I closed was 650k.. 

My recommendation would be to avoid those properties unless they are screaming value

All the states I have looked into allowed this even though the local agents screamed it was illegal but they were wrong.

Some of the unwashed masses want to drag rising rents kicking and screaming into the wealth inequality "movement" and attempt to also link it to "greedy" landlords who supposedly just want to take advantage of poor tenants.  

We had an exotic dancer offer to pay 10-months upfront, and she was bragging about how she had like $7K on her now, screams instability if you ask me.