You should consult a lawyer in NC before attempting to wholesale this property.My impression is that you can assign this contract unless there is other language or law preventing you from doing so.

Sure, if you want the extra stress/vacancy/costs that go with student accommodation or Air B&B, there's many who make great profits - but also - plenty who don't!

Yes, my first home had a boiler, the biggest drawback is leaves you dealing with window air conditioners more often than not. 

Emails are also sent with any balance for utilities balance over $100; but they do not strictly enforce anything until the utility balance is over $500 to prevent any unnecessary evictions or eviction filings.

My property manager's only solution to prevent squatters and thieves is to fix up and re-rent the property quickly after tenants move out.  

For a criminal to shoot or rob someone at a motel would not only be risky, but would totally prevent a clean getaway, as there is pretty much always a random guests who also happens to be smoking or walking outside who can see things.

Trust me, on this one, my crew was fully outfitted, neg Air, Scrubbers...the works! 

The auction had a tax lien outstanding preventing us from pulling permits for several months while clearing it. 2800 rent roll estimated 83,000 acquisition. 70,000 renovation valuation estimate of $210,000 looking for 75% refi Cash flow above expenses of $800 or 4% of the goal9) Triplex in Berlin- acquired from auction winter of 2016 Moved to on hold until November for Roofing crews. 4200 rent roll estimated 125,000 acquisition. 85,000 renovation, valuation estimate of $300,000 looking for 75% refi Cash Flow above expense of $1000 or 5% of goal10) Quadraplex bought in Bristol CT for 70,000 without entering the house.3000 estimated rent roll- 70,000 acquisition, 80,000 renovations valuation estimate of 300,000 with an estimated refi of 75%Cash flow will be $800 above expenses or 4% of goal.So if we complete these all by 12/31 we will be at 32.75%, close to ⅓ of the way to the goal. 

I'm not a financial or legal professional, myself.Getting educated ahead of time can flatten the learning curve and help prevent costly mistakes. 

Hello Fellow BP Members,A lot of people struggle with raising private money (myself included).In my experience, it’s probably the biggest obstacle that prevents real estate professionals from growing their respective companies.There is a lot of great information and educational videos/blogs out there that teach how to raise private money.