I was going to private message you but it seems your account is hidden.

I have buyers in CO that are tapping into local zoning codes to find properties that are being underutilized, i.e. basement into a rentable unit, or an in-law in the back, to maximize returns.The deals are there, but sometimes they're hidden, and sometimes we need to work for the margins.

Ensure there are no hidden fees!

I didn't account for hidden operating costs, emergencies, and good-turned-badly-disgruntled tenants.

The Assignment Contract instructs the title company to disburse the left-over proceeds (your assignment fee) to you.

There is a product called JOMAX, you can find it at Home Depot or Lowes.Mix per instructions w/ bleach water in a pump sprayer and just soak the affected area.

I would advise your friends to 1) notify them that they will not pay for the installment of fences and if they do so, they will do it under your instructions, to avoid breaking HOA regulations, and at their own expense. 2) These don't seem like tenants i would care to have and once this legal battle is taken care of i would not seek to renew the lease.

After that, we received new instruction and new forms. 

In section 32, you would write: "This contract shall be assignable"Now the assignment form can be a very simple thing, because it's basically no more than closing instructions for the title company.

I know of some in desreable area's with a price that would yield a positive cash flow if rented out but I'm worried they're are hidden obstacles a novice would not know about.