However, I discovered that Anaheim isn't allowing new short-term rentals and that the strict regulations in California make arbitrage nearly impossible.I then came across the assignment of contracts strategy and thought it could be a good way to generate income.

We are a full service, higher standard PM company for Intentional Investors looking to hold their investment properties long term just in the Columbus area.

It's a short term debt instrument and needs to be treated that way.

Is it better to do an extension of term of the lease or do a whole new lease? 

TOP 5 DUE DILIGENCE STEPS FOR PRE-FORECLOSURE There are three types of foreclosures: (1) tax sale, (2) trustee sale, and (3) HOA sale.

If the debtor is able to cure the default then a reinstatement agreement should be executed unless the terms of the debt have been changed, such as a modification agreement or a replacement note.If the debtor or tenant has paid more than 40% of the amount due or made 48 or more monthly payments, then pursuant to the equity protection provisions of Tex.

I like Jacksonville as a market, but you could be more successful with long-term there.

Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.

Overall, If you come with the attitude of this being a long term investment, that will grow over time, then you'll do great.

It depends on the terms and conditions of your application (hopefully you presented a formal offer to lease that provided for forfeiture of deposit if the tenant failed to take possession).