The GP is responsible for securing the debt.

We've been through 4 contractors, but no one will agree to sign off on the contract (husband is going to do all the work, but no contractor will take on the responsibility by letting us use their name for the bid).Here is our last ditch effort to get into the home. 

The only exception to this is if the tenant is 18 and does not have a credit score I would not rent to him or her because it is too early to know if they will be responsible and I do not want my property to be their first experience living on his or her own.

Thanks for the quick response.

It outlines techniques for getting your ducks in a row, then goes through all manner of rough numbers which I've found to be pretty accurate.

I've asked them where to send the 1099 and gotten no response. 

I know that doesn’t jive with the thinking on BP but in Hawaii your lucky to break even on a rental.How to you tag a person in a response?

Assignment contracts are pretty simple, it can be as simple as a single sentance: I Carlos assign all my rights and responsibilities for the purchase contract of the property located at (address) to (assignee’s name) in exchange for (assignment fee).  

What a POWERFUL way to teach personal accountability and responsibility for one's destiny!

Most will include language to hold tenants responsible for rent till landlord finds a replacement tenant.