Would you prefer I want to buy a house in a crummy neighborhood just because I could get it cheaper and on paper it cash flowed for more?

Lawyers charge at least $150 per hour, and will probably generate a lot of unnecessary letters, phone calls, etc.

Plus likely it'll be cheaper, if you're trying to keep the payments lower.

I certainly wouldn't.Again, why wouldn't the potential buyer rent somewhere *cheaply* (or at least cheap-er than an entire single family house) for a year or two until they fix their credit problems or save up the down payment.

what are you charging?

Since I know he is going to move on the 7th, do I charge for the 15 days OR 7 days and are there any legal implications or traps I need to avoid.Thanks

You are in charge of your rentals and as long as you strictly enforce the lease, what they think is irrelevant.

Normally I would recommend getting as high an assignment fee as possible while still leaving money on the table for another investor.I wouldn't think so much about how much to charge as an assignment, but what price could I sell this house for and it still be a good deal for an investor.

I think it's foolish to up charge owners for things you should be doing anyway.

This is so we can smoothen the app before we are ready to charge money for it.