Quote from @Rick Pozos: I think the original poster is just getting very excited because it is something new that they did not know about before.

I have to scroll down to find the original post, so I’m reading the responses before the actual post.  

Originally posted by @David Keys:How many properties would you have without a partner? 

Original home (retained)New DADU

Hi all, I am an investor and realtor from Calgary (originally Sask).

Someone that can help to reverse the deed back to original owner.

From Excel, I originally switched to QBO, but I had to do quite a bit of finagling to build it properly for my use as a REI.

If you liked the working on houses repeat and rent out the original house (and learn if you like being a landlord).

So this is actually fairly straightforward... 99% of houses don't make good rental properties - your original primary will not make a good rental. $2900 (mortgage payment) - $2500 (projected rent) = -$400 (monthly cashflow).

The assignment did not release the original contract purchaser from liability unless the seller expressly consented to the assignment and fully released them (a novation, in effect)… which is not part of the fact pattern.So the agent is right.