When I assign the contract full responsibility of it is assigned to the assignee:Assumption by Assignee: Assignee assumes and agrees to perform all the duties of Assignor in the Contract, which accrue and become due on or after the effective date.

To me, this equates to very low risk for RE investments, as I could always cover mortgage payments of vacancies as necessary.My long term goal is to accrue properties that produce enough passive and active income that I can do RE full time and/or only do technology work only because I want to.

In California they sign this puppy ...It is understood and agreed that this agreement applies to all known and unknown claim of loss and we, (husband/wife) waive all right or benefit that we may have or in the future may accrued under Section 1542 of the Civil Code of the State of California, which section reads as follows: General Release: Claims extinguished.

It gets betterThe house has daily fines accruing for code violations: Retaining wall needs repair, and needs to be scraped and painted to make the fines go away.

Especially since it new, maybe a few years down the line it might be worth their time after some interest has accrued.

I wonder what is the fastest and most efficacious route to successfully accruing a lucrative real estate portfolio?

In some deals, some of the gain on exit might go to paying accrued preferred return if you couldn't get the 8% to the investor from the cash flow alone.You've been given some good advice already, but I'll add that before you go seeking out the legal eagles and spending a bunch of money, you should start with an informal conversation with your clients first.

Within the past 10 months, I've been able to accrue a little over $12,000 cash.

You get accrued interest, as called for in the note.

In mortgages, payments go first to interest then to any fees owing if any then to principal, so in any one payment period you'll only have interest accrued from the last payment date or payment, any additional would the pay principal and the loan must be recalculated.