If it is not in the contract, the contractor has the right to believe they are not responsible for it. 

Let them know you're the new owner, that you will be abiding by the lease terms they currently have, give them your info to be able to make payments, any website/payment portal platform.I would keep it short and sweet.

Or just start out collecting a fee or hire a third party to manage.As for a buyout down the road, you could put an agreement in place from day one that specifies a set time period that you will buy out the partner.

Hi, is anyone wholesaling in LA or the surrounding areas?

I have made some investments in Canada and now i would like to expand my horizon to cash flow properties in the US.

On the lending front, it all depends on what entities are the beneficiaries.

This should ALWAYS be the answer.

@John Salcedo Over 400 units in the midwest, but nothing in FL.

Is it me or is it the process?

Remember the early days when you had little to no money to invest?