@William Causey depends on the transaction and the parties involved.Agree with @Dennis McNeely on some of the transaction costs.A different issue though is with an Assignment, the buyer gets to see what you paid for the property.

Can't wait to invest in here whenever I can!

Would have to have all owners on board for this. 

NEVER RENT TO SEX CRIMINAL. 

It’s creating some great opportunities for those ready to make a move.

I'm a full-time active real estate investor (former engineer) in Edmonton with 32 doors, and another 24 under contract.

This could create a disdain for flipping properties and not continuing on the path..The other option could be wholesaling it to start a path to build a war chest to go out and do the first flip with your own money down. 

Park is about 40 lots w/ about 35 occupied.New to this forum - not sure how much I'm going to be using it but thought it could be a cool networking/learning tool.

2-4k4) new roof, new HVAC, new water heater, ac panel, replacing plumbing to PVCwater heater all set 1.5k-2kplumbing 2-8kroof from 10k-25k5) framing (creating new bedrooms or baths)8-15kthanks to everyone that are willing to share this info according to their experience. 

Best of luck and welcome to BP!