I will definitely ask about a transferable warranty.

Looks like the guy (my potential seller) executed a Warranty Deed to someone back in '09.

Definitely talk to your lawyer to make sure the letter is valid/acceptable in your state.

I think I should terminate a m2m lease for one of my units because I keep getting (valid/serious) complaints about them.

@Aaron Montague that's the first thing I thought of however:1- Any contract or notice (say 30 days notice) isn't valid until I actually own the property and the closing isn't until mid/end July.2- That falls under option 1 which is pretty much going out with guns blazing

@ clay smithNo the owner financing was brought up later but you have a valid point.What properties/areas do you recommend?

I understand everything you said and it is very valid.

They are more expensive, but Apple.com has a refurb store with great discounts, and they all have a one year warranty, same as their new ones do.

Where can I get a legal contract of assignment that is valid in South Carolina

Your concern about having the time to be a landlord is a very valid concern, that "management" does not always resolve.Consider the differences between being a landlord of residential real estate vs commercial real estate.