I am having difficulty understanding the difference between an Assignment (Strategy 2 in the manual) versus a Cooperative Assignment (Strategy 3 in the manual).

Is the basic difference that in an Assignment, you have already entered into a SLO and you are simply assigning your rights in that assignment to another party...and in a Cooperative Assignment, you are facillitating an agreement between the Seller/Landlord and the Tenant/Buyer?

Hi Michael

There is virtually no difference in the way it is done except under the SLO you don't have to ask permission to assign your contract it says that you have the right to assign it to whomever you wish. Under a CA you work with an owner to find a tenant buyer that they approve of to live in their house to assign your deal to. Usually with a CA the homeowner is not as motivated and wants a deal that is more in their favor. I hope this helps.

You answered your own question perfectly. I couldn't have said it better myself. And what Gordie said, too.