Now, I know someone could say the cost should be "negligible" couple of hundred dollars a month, in comparison to the whole buildout budget, but still I do want to know what are the best practices out there.

If you are cash poor, and can recoup cash from this transaction, it will give you some ammo for the next deal that is going to come in the next 12-18 months.If you were using the space, that would be different, but if you're looking to rent it out, and are stuck without a tenant, you become even more cash poorGood luckGino

He and my mentor said I would be a fool to pass this up.

An assignment is part of the wholesaling strategy.You get a property under contract below market value, let's say property ARV= 400K.You get it under contract for $150KKYou ASSIGN that contract to a cash buyer for $250K.Your assignment fee would be (roughly) $100KThe assignment is part of the wholesaling strategy.1.

This is a good idea and one that will be super valuable long term!

Considering paying but there doesn't seem to be any guarantee or data to help me make the decision.

It can be challenging to collaborate with out-of-state buyers on fix-and-flip projects unless they are experienced and have a solid team of contractors.

We won't be renting this unit out and it will likely be a condotel since we're looking for something that includes a parking garage.  

If you are seen to be using this for investments, then you will find it hard to get another FHA loan, making this method difficult to scale, but good when you are getting started.

Any details on how everyone verifies their military applicants would be great!