I have two properties I am planning to rent as mid-term (30 day minimum) rentals with intent to market to travel nurses/digital nomads.

We have a 14-page management contract that we've added our real experiences to over the years, with the intent of protecting both us AND the landlord.

If a good tenant calls me and says they need to work a plan, Ill do it, and let them know this cant happen all the time.

All ours are direct deposit so they vary but nothing consistent or intentional & if they are late they also pay the late fee.

Cameron.. . my intent is to assign the contracts, not purchase the property.  

@Cal Ewing I cant say if you are wasting your time but if you have been seriously attending with the intent and means to purchase for 3 months and have yet to buy anything it may be time to adjust something.Reasons why you may not be buying:1) Target property was pulled from the auctionThis happens to the majority of good properties, sometimes as late as 10 minutes before the auction starts.  

He purchased this home two years ago with the intention of flipping, but shortly thereafter bought a large apartment complex and put all of his crews on that job, As a result, this home has been sitting vacant.

(A) A landlord who is a party to a rental agreement shall do all of the following:(1) Comply with the requirements of all applicable building, housing, health, and safety codes that materially affect health and safety;(2) Make all repairs and do whatever is reasonably necessary to put and keep the premises in a fit and habitable condition;(3) Keep all common areas of the premises in a safe and sanitary condition;(4) Maintain in good and safe working order and condition all electrical, plumbing, sanitary, heating, ventilating, and air conditioning fixtures and appliances, and elevators, supplied or required to be supplied by the landlord;(5) When the landlord is a party to any rental agreements that cover four or more dwelling units in the same structure, provide and maintain appropriate receptacles for the removal of ashes, garbage, rubbish, and other waste incidental to the occupancy of a dwelling unit, and arrange for their removal;(6) Supply running water, reasonable amounts of hot water, and reasonable heat at all times, except where the building that includes the dwelling unit is not required by law to be equipped for that purpose, or the dwelling unit is so constructed that heat or hot water is generated by an installation within the exclusive control of the tenant and supplied by a direct public utility connection;(7) Not abuse the right of access conferred by division (B) of section 5321.05 of the Revised Code;(8) Except in the case of emergency or if it is impracticable to do so, give the tenant reasonable notice of the landlord's intent to enter and enter only at reasonable times.

It's a public forum, choose to follow the advise of posters with great care.Most investors doing rent to own, L/O and contracts have followed old methods for decades, most IMO are behind the times and while they can read things in black and white in federal laws, they don't always understand the intent, even attorneys have trouble in some areas of financial regulations.

I have been trying to break in to the investing arena through the aquisition of foreclosure listings with the intent to wholesale or fix and flip.