We knew the market very well just out of our constant curiosity and leaped at the chance when we found our first rental just to get one under our belt.

I know the basics of contract assignment and read about Joe Mccall's course on assigning Lease/Option contracts and watched his YT vids and my curiosity is piqued..Is there anyone in the greater New Orleans area doing this and has some helpful advice for a new kid?  

I know the basics of contract assignment and read about Joe Mccall's course on assigning Lease/Option contracts and watched his YT vids and my curiosity is piqued..Is there anyone in the greater New Orleans area doing this and has some helpful advice for a new kid? 

out of curiosity are you renting the home you live in right now?

The note was set up so that I have the option to refi and pay back the loan prior to the 2 year balloon, however the lender must receive at least 1 years worth of accrued interest.

There are way too many lenders out there who can probably do the deal without addressing the Best Buy issue.Out of curiosity, how much is on the account?

How often does the HELOC accrue interest?

Scott shall not be considered active under the following circumstances: unemployed while seeking gainful employment, on disability from full time employment, retired from government employment, or other circumstances out of control and atypical to choosing to pursue his housing business endeavors as his sole source of primary income. 1.Should Scott choose to “actively” engage in housing as his source of employment as defined above, Scott agrees to give 25% (twenty five percent) of his net profits accrued from his active efforts during the period of marriage to wife in the case of a divorce.2.Payment of such percentage of funds shall be payable over 120 equal monthly payments, or equivalent to no greater than 10% of Scott’s New York State Adjusted Gross Income, verified annually with payments adjusted the 1st of November each year, whichever is less, to ensure no undue hardship to Scott or the business will be endured.

The last thing you want is a tenant getting the idea you're sneaking onto the property to spy on them.However, the tenant's response always raises my curiosity.

Hey Amir, Just out of curiosity, did you proceed with the property?