Insurance is going to be your main issue, as it is costly and having been on three boards, we were risk averse to changing it or losing it as I recall insurers bringing up details from bbq to pets, etc. and when you have a claim, really it seemed a struggle, and if they can get out of paying they will..even got dropped once...Maybe have the master policy professionally examined to see what is allowed and, worst case, explore if you can get legal help to work out a mechanism to hold the association harmless (be it your own policy, plus umbrella, and maybe indemnify the association for any claim)....some great advice here and some firms may be more willing to write the policy.

Mahalia Kennedy with Appalachian Realty is excellent- fairly new on the scene, but backed up by some 20+ year investors who mentor her, and the only realtor I've ever worked with who returns calls and emails and hasn't yet made a major mistake on a contract. 

My partner and I got our first rental under contract!

Is this legal?

Has anyone done a contract for deed in Maryland?

He will be speaking on behalf of all four of our groups: Landlord Legal Defense Fund, Landlords Association of Eastern Jackson County (LAEJC), KC Landlords Inc., and Mid-America Association of Real Estate Investors (MAREI).ON TUES Sept 6th at 5:30 PM: We will meet as a group in the north parking lot in front of Independence City Hall, 111 East Maple, corner of Noland Road and Truman Road.

Now the legal discussion of "Is a letter of intent legally binding" is open for interpretation.

Also I'm still learning on how to assign contracts etc....

Yeah i would love to im just trying to get started so who ever u know or what you know and how u can help me it will be a blessing if u know any seller or buyers or realtor plus i need help with my contract  

Then if she qualifies for the amount you'd be willing to sell for I'm sure a local title company can help you with a contract.