Originally posted by @Crystal Smith:@Natasha Crosby first off; regarding flipping- ignore advice that you can purchase a property for less than $30k, do a moderate rehab for $10k and sell it for $130K.  

@Crystal Smith I am pretty sure that requirment is only for owner occupied properties and I am aware that you cannot assign the standard contract, I have a title co that would do a double close as long as its legal, which requires the wholesaler to pay closing costs on the middle transaction.

Gotta break out your crystal ball for that one.

I hope your crystal ball is right about people moving further north!!!

David Handmaker says- that kind of thing should be crystal clear in the offering.

Hey @Arjan Amiri,I don't have a crystal ball, but there are two cycles that I follow: the seasonal cycle and the overall economic cycle.

Then make it crystal clear that if things fall through again, they will need to find other arrangements because the new tenants will occupy the home.

you might want to reach out to @crystal Nixon she specializes in real estate and is very affordable.

@Crystal SmithThanks for the clarification!

If you're not 100% crystal clear on how the standard purchase contract works (and the consequences of a seller breaking that contract) in your state, it might be worth talking to a lawyer if you're looking at spending more than a few grand and one week (depending on your risk tolerance, etc).