I'm finding most banks won't allow assignment of contracts these days, and while you can do a double close to get around this, if the other party (the ultimate buyer) is using any type of traditional financing, most banks won't finance through a double close because of the possible chain-of-title issues.So, be careful trying to find a buyer if you're able to get the bank to allow you to assign...

I've done two moves and they both ultimately worked out well, though I've got to say, it might just be easier to stick build from the ground up, especially as codes keep getting tighter.

(just to name a few).Ultimately, you need to do your due diligence, study the area, make sure the numbers work for your situation, and always keep reserves (cash, line of credit, etc) for raining days.Good luck to you.

You put your time and money into them so that they may carry on and survive, not that they will come and pay you back for diapers you purchased for them.

Ultimately, you should do a cash flow analysis on each and make sure the numbers work, then you can make a more informed decision.Good luck.

The other big problem is the parent company had not thought it through as to how THEY were going to survive without new members' one time fees.

So, to say that they would profit on appreciation is completely baseless, since they didn't survive long enough to enjoy the appreciation.In addition, being successful buying for appreciation (speculating) depends on the timing of your sale.

Understand this: you can make some really good money in Ultimate Fighting; but if all you did to prepare was 'watch TV', you will get your clock cleaned.

Ultimately, as time goes on, I will be learning to master the art of becoming an experienced real estate investor.

In this business it is survival of the fittest. 8)