--How in the world is anyone being optimistic about this situation?

This is the biggest thing happening in the world right now.

Hey Qusai, I see you’re dipping your toes into the world of assignment contract wholesaling, and I’ve got to admit, watching someone from a background in finance tackle this is like seeing a chef turn leftover veggies into a Michelin-worthy salad.

Your replies would mean the world!

Hi Natalie,Welcome to the exciting world of real estate investing!

And this does not include the real world issues, namely are you even allowed to convert this property to a four-unit and taking a single family to 4 unit is very likely going to cost more than $110k (but this depends on the actual layout and work scope).

Then after that, you have more trusted contacts, then diving into world is more possible

I am currently in the corporate world-tech sales and wanting to accelerate this business but taking a different and more complex route.  

Your tenant is experiencing life on earth and it shouldn't be a shock that the corners of the world are not all rounded and soft and warm to the touch.

In a perfect world an assignment (like @Chris Seveney suggested) would be recorded with each transfer of the note but in reality that does not occur.