I should have clarified options (2) and (3) to indicate that there is a legal document - this obviously wouldn't be a handshake sort of thing!

With builders and developers offering all sorts of incentives like Paid Closing Cost, New Appliance Packages, HOA Fees Paid for 1 to 2 yrs, Mortgage Paid for 1 to 2 yrs... it's very easy to see why properties are staying on the market for longer times.

Don't know what area you live in, or what kind of skills you have, but in most areas Delivery of some sort would be the hours you are looking for, and tips may be good... agian, if you are in Alaska, it may not be a good choice, but it would be in most areas???

If you have a binding contract of any sort and it is specified that it is assignable then, yes, you can assign it.If you are referring to an Letter Of Intent (LOI) or some variant of an LOI where you are just outlining a possible contract then, yes, you could assign it also but its not binding so its value is minimal.Assignments are normally done when there is a binding contract to purchase a property.Earnest money is not required for a contract to be valid, and I rarely give any earnest money when buying.

Granted the search facility does not make it easy to sort things by location.You could post a thread in one of the forums requesting all the folks who invest in Canada speak up.

Let me just state that many investors I know just sort of take a break from December thru February.

As you can sort of see there are differences in views.

One definition says that the term means 5 units or larger (commercial multi-family).

A higher risk borrower should pay more in interest, maybe more in fees and generally there would be a larger down payment expected.If the LLC and you were equal then just keep the property in your name.

Get the partnership sorted before making the offer.John Corey