With that in mind, I think we could get $220k for the house once it's rehabbed. 

When I put my mind to something I am one of the most dedicated people you will ever meet.

First one who qualifies AND gives you "peace of mind". 

However, once you assign the contract, you're not able to extend the option period as the assignor, and IF the assignee doesn't close, you're still obligated to close absent other termination points you may have in the contract. 

Here it is good luck: https://www.biggerpockets.com/forums/521/topics/39...If you don't mind me asking why Spokane and what kind of REI do you want to get involved in. 

Also, if you don't mind a longer distance, I've heard of some great deals in Roanoke, or the Hampton roads area/Norfolk!

Keep in mind that insurance companies are great at cashing the checks for premiums but not that great when they have to pay. 

Keep in mind you will only be able to claim the homestead on the unit you live in so if all units are = in size you will only be able to homestead 25%.

Handed out my first 10 business cards yesterday (to my mom :-)) so now my mind is playing tricks on me. 

From there, ask if he doesn't mind your reaching out from time to time for advice, or even ask him to be an unpaid intern to help his business.