Not sure how to tie it in to the silent auction they are doing or what, but we'd be happy to donate a portion of some bookings to the cause. 

You now own a rental with no cash tied up and can continue onto the final 'r')Repeat

In a nutshell, my life plan has changed and I don't want to be tied to a condo/primary residence. 

The Legal issue with wholesaling revolves around 3 things: Intent to buyAbility to buy Negotiating on someone else's  behalfYour intent should always be to actually close and then resell but there are situations where an assignment is the most logical decision for the buyer; for example, let's say you tie up a property but another more promising investment comes along and you have a limited amount of capital, in that case an assignment would make sense...I've seen these things play out in court so I'm speaking from the perspective of someone who has actually seen a "Wholesale case" litigated. 

@Patrick Franta does that get tied into the original loan of the house or would that be additional payments to make in addition to the original payment?

Prices were 201k, 165k, 220k and 175k (4 lots merge lot tie into 2).

I could ask for an additional deposit.I will say as much as I want to say no due to the fact that they know how to game the system and are still living a life of lavish cars and houses (renting/leasing all probably) and his income is tied to the construction industry, so a down turn = problems.Then again, they were OK with the additional rent for them and their pets, which is extra profit...assuming they don't screw me.

The same can be said for opportunity costs of tying up your own money as it can't be used for other investments while the project is ongoing.On the other hand, the contractor needs to feed his family, so probably cannot wait to get paid at the end of the project, so maybe work out progress payments along the way, or factor into your timeline his other projects.All of this needs to be very, very clearly spelled out in your agreement so there are no misunderstandings.Good luck!

Tenants know if they say ANYTHING is wrong with the property the judge will order an inspection and tie up the process for weeks/months. 

The biggest issue for me looking back might have been opportunity cost of having too much DTI tied up with that one single family home.