I'm holding onto my cash for any unseen issues..  

@Kyle Neff this is usually the same issue on ALL commercial properties that we seek to upgrade. 

We did this with our property and had no issues with our bank.

we can help you build your FICO right so will not face this issue again 

I got a property under contract that I didn't want to keep because it had foundation issues, so I decided to assign it.

You just have to view risk tolerance; and in my opinion with todays world and how it's going, quality over quantity, more cash on hand.3) I'll add a third, as for tax advantages and legal issues arising with fully paid off.

I'm finding a lot of wholesalers who just want to assign contracts but having issues connecting with investors (I'm in the Hampton Roads, VA area).

Recommend you ask them to explain their processes for: advertising rentals, prospect screening and maintenance COMMUNICATION.

With co-ops and condos, the issue usually comes down to the HOA fee.

I generally agree with @Russell Brazil and @Chris Seveney about written agreements, but there certainly are a growing number of cases (thanks to text messaging, etc.) where the signed writing requirement has been satisfied by conduct other than a signature on the _______________ line at the end of the agreement.Whether there was a binding contract formed in this instance would require an in depth review of the "contract" and all of the relevant communications surrounding it.