While you could just register a quit claim deed.. if you don't do you due diligence, trying to save a couple hundred dollars  on an attorney overlooking the transaction, may cost you several thousand dollars on the back side.

Here you will meet wholesalers who provide deals and all the cash buyers (rehabbers) you will need.Download BP’s newest book here some good due diligence in Chapter 10.

Download BP’s newest book here some good due diligence in Chapter 10.

I have already done due diligence on deciding whether I want the tenant and all that comes with that. 

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookCouple good reads  9 Reasons You Couldn't Find A Buyer For Your Wholesale Deal Don't Start Wholesaling Until You Read This: Wholesale Advice from a Fix and Flipper How to Start Wholesaling: Getting Past The Education and Into the FieldDownload BP’s newest book here some good due diligence in Chapter 10.

Full disclosure I don't make any referral fees based on these contacts and please do your own due diligence. 

I would say that it takes more diligence in vetting the "buyer".You might also shop it to a local landlord association if there is one.

And don't take my word or any other person's word for it, do your due diligence on everything.Tim

Is your agent referring to a "Due Diligence" Clause?

I don't know what it will yield, but I better do my due diligence exploring commercial RE as well.