I had every intention on allowing them.  

I recently obtained my RE salesperson license with the intention of helping my parents grow their portfolio and purchasing my first property.

Like Page Huyette and James Vermillion said, a Lease Option Assignment, done correctly can get you a nice assignment gee.Ex) $100K compsRent $80024 month termYou lease option from seller with intent to assign for a feeYou then market for tenant buyerThen assign the deal for say 3-5%.See http://www.biggerpockets.com/blogs/3/blog_posts/5083-why-i-love-lease-option-assignments-rather-than-sandwich-lease-optionsHope that helps!

That’s really all you need to know as a flipper. 32202, 32206, 32208, 32209 are not zips to work unless you know that areas very well or have intentions of holding lots of low end rentals.

Elizabeth, my intent is always to help, bring perspective, and inspire.

I started to include formal LOIs (letters of intent) in the last couple of mail rounds and got a few negative responses.

"Drug-related illegal activity" means the illegal manufacture, sale, distribution, purchase, use or possession with intent to manufacture, sell, distribute, or use of a controlled substance (as defined in Section 102 or the Controlled Substance Act [21 U.S.C. 802]) or possession of drug paraphernalia. b.

The intention is for this to be a rental.  

Even more important, this formula, like all others, only reflects an estimate of current return, not what will or is likely to be in the future.Declining Market Vs an Appreciating MarketPeople generally buy investment properties with the intention of holding on to them for many years.

Agents may list a SFH with best intentions to maximize the profits for their clients, but may not realize the real cost of the improvements.