I remember palm sanding every plaster wall in that house to fix poor prior mud repairs...took me forever.House hacking, live in flip, partners, wholesaling...they are all viable options. 

And yes, back about 30 years ago, here in LI New York, people are concerned with minorities moving into the neighborhood, and telling me be careful who you sell to, not criminals, is somewhat of a code word.Finally OP was asking about problems with assigning contracts in general, and my point was the assignor has no control over the property any more, and the property can be sold to criminals, or undesirables, or minorities.

Not here, I'm not a big fan of dragging names in the mud.

Inflated ARV's could create an undesirable scenario where the homeowner unexpectedly walks away with less than 20% equity.

Both have a high ratio of Section 8 tenants since both were undesirable prior to 2010 (I bought due to gentrification and being few areas that can still cash flow here).

I’m incredibly self motivated, goal orientatedI would be lying if I said I didn’t want to make money, haha.I have lots of experience working with my hands, and I currently have a job remodeling apartments.I’ve: Installed new lighting, expanded electrical and put in fansLots of plumbing work in kitchens and bathrooms.Framed walls, drywall, mudded and paintedWorked on cars for over 5 yearsMinor landscapingHave PLENTY of toolsPoint Being: I don’t know everything and definitely can’t do everything, but I’m that classic DIYer with a good head on my shoulders eager to try and learn new things.I understand I have plenty of research I need to do regarding first home buying.

When we bought multiplexes with tenants in place, most of the undesirables moved out on their own once we established our terms and conditions.  

Is the Congress Heights changing or still an undesirable area and any ideas on how to use the property other than moving in it. 

I have an undesirable unit which is not renting.

The poor are largely ostracized because they are in need and they live in undesireable neighborhoods.