Yes two assignment contracts are perhaps the simplest method.

In your situation setting it up as a loan would be the simplest solution.

The simplest solution (that I've seen) designed specifically for collecting rent electronically is Pay Lease.

The Sub2 sounds simplest and quickest, a wrap would be more complicated.This looks helpful.http://www.biggerpockets.com/articles/578-buying-real-estate-subject-to-the-existing-mortgage-part-2-of-3

I locate the property, 2. go to the table to secure the note3. locate a interested buyer/investor4. break down the numbers for them to see where they have room for profit 5. sign over the note to them 6. get paiddo I have it correct in its simplest form, as I know that there is more to itI know what you mean i have that same eagerness, passion and determination, plus I love to learn and use what I've learned.

The simplest is just to sign an agreement that your business with buyers and sellers that you both work with and on together will be split for example 50-50 and the share each receives will be split with the broker as per their contract with the broker.

By far the simplest is to do it as a loan.

It is the simplest you can do, but it is also the riskiest.

Students are pretty clueless on how to fix the simplest things. 

The lease will have to be for at least a year and you will probably have to show history of it being rented, but that is the simplest answer for your complex problem.