I agree that it's a good thought to keep it in your name because of the re-connection fee, but if the water gets turned off due to the tenant not paying, that's the tenant's fault.

I agree the 10k fee is a bit much for carpet and paint.

The owner however does not agree as they have successful occupancy rates but they also have lower income tenants.

@Brandon Davis I agree with Fred, Tomball is great and there is strong demand for properties in this area.  

After weeks working on the relationship, we agreed that he would wholesale me some deals.

One more thing, after reading and agreeing completely with Brent's post - before the auction set your maximum bid price (exact $ amount) and do not bid any more than this price.

Thank youMake sure that your co-op board will agree to whatever you are doing as well.  

As well as before contacting a buyer about property i should have the seller of the home agree to the assignment contract to assign the rights to a potential buyer.

There are lots of legal creative ways both buyer and seller can agree on to accomplish a win-win situation to get a property sold.When educated on creative options they might want to consider the option of selling their house subject-to the existing mortgage.

I'd agree with Jake Thompson,, except co signers.. once you let one person have a cosigner you have to let them all.. and this what you want to have happen..So if you change your criteria after application is in your gonna be in a grey area,, if you hadn't set minimum of like 2 years of credit / income history... woulda shoulda coulda