This typically means we will ALSO start to see the gap widen in terms of how long it takes refinances to close, in the extreme 3-4 months would not shock me.

If that amount is enough to pay you back with the interest, it may be worth you paying off his loan and doing a new, recorded loan on the property.If he is not getting a payoff amount to pay you off, you won't ever see the money.It may be better for you to buy the house for a fair price and rent it back to him.

I guess I can see the whole "discouraging speculation" angle, but the entire stock market is essentially speculative--do they also propose a 25% tax on other capital gains on property held for less than five years?

See the case citation I attached below.

I see the assignment fee listed in POC paid out of Closing.

When the tenant does not pay on the 6th day after mailing the letter, either send the letter and your lease to a local landlord tenant attorney or go down to general district court and see the clerk.  

I could see the potential in the fix and flip.

Most people don't have a very good imagination and just see the dust and debris.

I’ve had far better luck with on-market deals than wholesale, but I also realize that I’m not on the top of any of the local wholesalers’ lists, so I may not even see the good deals they do occasionally find.

That may be true in many markets, but as an expert in Utah real estate, I can tell you it does not work that way.So much of this is driven by an ability to see the big picture, meaning, if I'm holding this for 10 years, and I know I'll pull out money in a year or two to invest in the next property,it'ss considered a BRRR in my book.