They are of the opinion their needs and wants trump any lease.

Granted, getting Donald Trump type incomes in a working class neighborhood would probably require EXTREMELY long vacancies... there are quality people in all neighborhoods.As to your other questions, not all banks are investor friendly.

As Donald Trump says "You're fired".

The default rule is that contracts ARE assignable, but the actual terms of a contract always trump the default rule.So, the answer is: What does the contract say?

Aaron Churnick -I'm not sure why you're interpreting that memo the way you are, but there is no reason to wait until the 91st day anymore (unless your particular lender has an overlay that trumps the FHA waiver, in which case find another lender).

I'm interested as long as it's not written by Trump...

Even Trump has a few properties currently operating or under development.Despite the fact that the property is in a hotel setting, a condo hotel is considered a private residence, and owners are eligible for mortgage interest deductions and other tax advantages that come from owning a second home.

Had I started learning about REI when I was your age, who knows maybe Trump would be working for me.

Trump's project, MGM's project.Given the state of the residental market currently in the Las Vegas area, I believe an investor would be better off buying a SFR rather than a high rise condo.

But in one program I had - Donald Trump real esate program - the instructor stated that he NEVER sold a property - he kept them all for residual income/passive income and net worth and constantly increasing value.