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Thanks for writing this.

Please write back about your experince please to help my self and other

Thanks for posting yourrequest; I know that there are those here fromFlorida and maybe there will be a networking opportunityfor you.May I also suggest that you go to the introductions sectionand write a bit about yourself: your background andexperience.

you may want to talk to other investors in your area that have been doing it and learn from them. be sure to create a plan that you either type in word or write down and stick to it. best advice that was given to me was read all about investing then decide where you would like to start and surround yourself with people that have done it before. once u find what type of investing you want to do then create a plan and follow it. make sure the plan is flexible too there are bumps along the road for us newbies as we experience the world of real estate in different markets and areas of the untied states. in my opinion the most important thing is knowing your return on investment (ROI). if you're looking for cashflow maybe renting is your alley. if your looking for short return maybe wholesaling. there are many ways to invest. i suggest read them all and make your choice...

Will I have to have that person write their own contract to buy it from me, or could I just have their name after the "and/or assigns" on my contract.

If the terms of the lease are met and the unit is in clean condition the tenant should supply a forwarding address in writing to the landlord.

If I sell, I would use that money to eithera) pay off the new mortgage and use the rest to get another mortgage orb) use it all to buy another house.Just writing this it makes more sense to just use that sale money to buy another house rather than paying off the anticipated mtg (bought at about $6000 in closing costs) and taking out another mtg, maybe with that same amount of closing costs--and why are they so high?

If I can do 2 or 3 more deals like this I look to make close to $80-100K this year.When my family barks at this I'll take them to dinner and write it off as a business expense while telling them how I did it.The no Sayers are just that... use there negative attitude to drive you even more...And remember a failure is just another lesson learned!

Brainstorm and write it all out.