Only benefits are to the PM Company in a flat fee agreement...

He draws up my owner financing notes, joint venture agreements, and my series of LLCMonday Night; Dennis Hennis is doing a money mixer at the Crowne Plaza off 360.  

I have seen many people who thought they knew all the rules do something that was prohibited.I always suggest, if going that route, you have an experienced ERISA attorney set up the operating agreement and have them available for consultation for any transactions.Jaime

they Are breaking the lease agreement by leaving a month early.  

Do I need to use a Purchase & Sales agreement?

First of all, I would recommend a preliminary meeting with ownership in which there are agreements signed.

@Achraf El ChurafaMy experiences have been: When the deed is recorded, the Recorder's Office typically asks for the HUD-1 (or purchase agreement for properties transferred outside of escrow).

In fact if you take a look at the standard forms for purchase and agreement for your state or any state that you want to do wholesaling in, you will find a numbered line that says Assignments/Assignability. 

You'd need to get the assignee's agreement (the final buyer), but there's no reason you couldn't.  

Specifically, the law provides that a financial institution, and its directors, officers, employees and agents, that make a disclosure of any possible violation of law or regulation, including in connection with the preparation of suspicious activity reports, “shall not be liable to any person under any law or regulation of the United States, any constitution, law, or regulation of any state or political subdivision of any state, or under any contract or other legally enforceable agreement (including any arbitration agreement), for such disclosure or for any failure to provide notice of such disclosure to the person who is the subject of such disclosure or any other person identified in the disclosure”.A covered entity, and any director, officer, employee, or agent of any loan or finance company, that makes a voluntary disclosure of any possible violation of law or regulation to a government agency or makes a disclosure pursuant to FinCEN’s rule or any other authority, including a disclosure made jointly with another institution, is protected from liability for any such disclosure, or for failure to provide notice of such disclosure to any person identified in the disclosure, or both.