If there's positive advice or links you all can refer me to would be gladly apprehended.

And having that 2 week upper hand on your tenant comes in handy.Those are only a few of the positives.

I enjoy helping others when I can and try to encourage anyone that with some effort and a positive attitude one can do anything.

Hi,I have worked on Apt commercial properties to get them under contract with attractive CAP rate, solid ROI with add value strategy, presented to investors and received positive feedback.

Adding an additional fee in there (your assignment fee) would necessitate a bigger spread on the deal, which would compromise your buyer's position and offer.

Hi, I'm a new investor and still gathering info before getting my feet wet.my goal is to generate a positive cashflow, while hoping that the property also increase in value (not a big jump, but at least on par with inflation).from the get go,my mind was set on a single family home or a duplex.. until recently someone mention that a condo might be a better investment for greater positive cashflow.With condo, there's a condo fee but the price will be lower, and I don't have to maintain any lawn or replace a roof..I'm trying to figure out if Condo is the way to go.here's my current analysis of a Single home vs Condo:Single home: Price $160K, tax 3600, ins 700. 20% down at 4.25% interest. it can be rented out for 1500/monthCondo: Price $45K, tax 1800, ins 350. will buy in cash. can be rented 500-600/month.

I am actually in a very similar position as well.

A straight lease-option can probably be done, as to doing it legally, it depends on which L/O deal you're involved in, what your position might be.

You need to do quite a bit better than that to have positive cash flow.I looked at student rentals for a while.

About how old is he, any health issues, how's his financial position roughly?