I continue to buy properties that meet my investing criteria (harder to find than a few years ago, but there are still some out there) and I have been working on securing access to capital to be able to buy more assets when the prices drop. 

I do have a good amount of personal assets I need to make sure I am protectedAlso, sneaking in a second question.

The primary advantage for most is the psychological security that comes with believing it will better protect your assets.

Now this is where I start getting confused, I have yet to understand how to obtain an "assignment contract", which as we all know states that if I do not want to purchase the property I will assign an investor who will.

@Jimmy ReadyYou can contribute up to $5,500 to an IRA per year and this is an addition to being able to contribute to your employer 401k plan. https://www.irs.gov/retirement-plans/plan-particip...When an IRA invests in real estate and the IRA does not have enough funds to fully purchased the property, the IRA can obtain a non-recourse loan.

Once you have a few other properties going then you can think about the need for an LLC for property asset protection. 

Solution #5 would be if I could obtain an investment loan that would cover the purchase of the note, which would make me the new lendor, AND a rehab of the property.  

Marvin.I think that selling your house and moving to a house where you can afford the payments is a smart move.That will allow you to save you cash which then you can invest that cash into assets that will produce cash flow for you.Your personal residence is not an asset.

There is a rural property in the Kansas City area that I have an interest in wanting to buy, and I’d like to pick you all’s creative minds to help find a way obtain it with the lowest risk possible.

@Christopher PhillipsSo I would never be able to put less than 20% on each new property I would want to obtain?