Association rep says I'd have to wait for it to go to Auction, but really would like to avoid the commissioner showing it for 3 weeks prior and having open house in the place where I live...So any thoughts on how to get in touch with the lender or lawyer maybe to see if they'd entertain an offer?

I am not a lawyer.  

Lawyer/escrow 2.someone with MLS access3.OF course rehab buyers4.couple wholesalers to expand my network.5. insurence guy /title check up

To give some more information on my plan, I am in the beginning stages of contacting lawyers, agents, contractors, mortgage brokers, and hard money lender to build out my contact list.Simultaneously, I am beginning to develop systems for generating leads.I have been listening to the BP Podcast for the past year and it has been a tremendous help in driving my interest in REI.  

I really think you should consult a lawyer with these questions.  

I know a lawyer could figure it out anyway if they really wanted to either way but if I'm in the mix anyway managing the properties I don't see the difference.  

I would advise yourself, your agent and potentially a lawyer to read the lease. 

Could you find a sample promissory note with such a loan structure, run it by an RSA lawyer and find lender prospects?

If both sides signed, then I would talk with my lawyer and see what they have to say.

But having your license can sometimes be a bad thing if (and more likely, when) a deal falls apart long after you assigned, and the seller/buyer get "lawyered" up to try to get the assignment fee that they paid you a long time ago (even though your one and only obligation in the deal was to assign your option to them, and you have no further liability/obligation after you assign.