Many claim they are selling the equitable interest in the contract not the property itself, but when the email has pictures and stats of the property that would likely be a tough point to prove in court.I'm on several wholesaler lists and would definitely consider buying the right deal from one.  

I have not claimed this as my residence, nor have I lived there.

So--it is NOT a good deal...the seller will be the loser--and this "'buyer" that claims they are benefiting the seller is simply pushing unlicensed broker PROPAGANDA!

They all claimed they were highly motivated but they were obviously not motivated enough to do any real studying.

So imagine what happens when someone is tactical in purchasing properties in those locations.Some people claim that relying on appreciation is speculative in nature. 

It's those maniacs that buy homes cash via quit claim deed off of craigslist that really get screwed.Make sure your property manager is a licensed real estate brokerage.Google Clayton Morris and/or Morris Invest for a cautionary tale of what not to do when buying turnkey real estateUnderstand you can not eliminate all risk, only mitigate it.

I've been actively "toying" with my IRA to see how I can work stock investment and although I've had good returns it is not as good as REI claims to be.  

The house was Quit Claimed to the family member.

I'd be surprised if they approve it without some iron-clad documentation.Imagine that a few months from now, another heir, niece Nancy pops up out of nowhere and claims that you took unfair advantage of the family. 

(See below)1) 2-day notice (for a weekly agreement that's about to expire)2) 7-day notice (for a month-to-month agreement that's about to expire)3) 1-month notice (for an annual lease that's about to expire)From there, you will need to file for eviction in small claims court.Thanks and good luck!