This is what I have so far....Demo- $1000 (work and dumster)Roof- $5000Exterior Paint- $2.00 per square footInterior Paint- $1.25 per square footWindows- $200 eaInterior Doors- $200 eaExterior Doors- $400 eaKitchen- $4000 (includes cabinets, counter top, appliances, sink)Bathroom- $2500 (complete bathroom)Flooring- $2.50 per square foot (finished hardwoods)Drywall- $3.00 per square footTile- $3.00 per square foot (ceramic)Carept- $2.00 per square footElectric Panel Box- $1000Water Heater- $500HVAC- $3500Lawn Care- $500- $1000Misc- $5000 Does this look abaout right without breaking it down into every item?

It can simply say: ASSIGNMENT, For and In Consideration of four percent of the Option Price hereinabove mentioned, the receipt of which is hereby acknowledged being paid in hand by the signatures below, the Optionee and Holder of this Option Agreement hereby grants, bargins, sells and sets over unto _____soandso, all of Optionee's rights, title and interests, at law or in equity, in and to this Option Agreemeent as of the day and year written below.ENDORSEMENT: ___________(and the Optionee signs) Date___You may have the buyer then sign as an acknowledgment.I would not file for record the actual Option Agreement, but a Notice of Option that would not contain the option amount to buy or any other considerations paid, but it would include the term of the option.Now, I'm sure that many investors have all sorts of assignment contracts for the sale of the option and disclosures but a simple endorsement with the assignment stated is all that is necessary to assign an instrument, much like endorsing a check over to another payee.

The information contained in this post is not to be relied upon. 

Oct (week 4) - To make a long story shorter, I ended up making an offer on a 3 bed/2 bath on Scottsdale Ave near Parkway Village with the company Turnkey Properties (@alex craig) http://turnkeyinvestproperties.com/I really appreciated their website and the information it provided such as the Sales Offering Packet which contained a lot of information including a detailed Scope of Work that they would perform on the property. 

Paper documents containing tenant PII (personally identifiable information) is kept under lock and key. 

If it's considered permanent flooring like solid nailed in hardwood or grouted in ceramic tile that's a 27.5 year floor.

It's great to see more and more architects emerging and chiming in.Your story reminds me of this guy who did a series of videos documenting the building of a container home in Joshua Tree. 

The most fruitful one by far was a 4 mailer series that contained the same picture of my family and I and briefly described our journey and the homes we are hoping to purchase.

The information contained in this post is not to be relied upon. 

The information contained in this post is not to be relied upon.