So, Looks like I'll be having to look for a cash buyer.

Your only real concern will be having your bank find out that it loaned money to 1 entity for 1 purpose and that money was not properly used.

I'm worried that the seller would feel some type of way knowing how much the assignment fee would be. Have

The biggest issue would be having access to the kitchen and potentially the washer/dryer.

With condos you REALLY have to understand how they behave in your area.The cash flow game: In some places, investors own properties and intentionally have negative cash flow (california)..they are playing for the appreciation.

Easiest would be having your personal bank the same as your business bank. 2.

A rental property business will probably avoid a corporate business entity.This is a discussion you should be having with your own CPA, financial planner, tax advisor, insurance agent, and estate planner (preferably with all in the same room at the same time). 

I forgot to mention that I will be having help (not financially) with all the legal work and renting work, as my mom is a property manager at housing, and will be helping guide me on that side of the deal.

@Justin Wilson, most of the free lists will be having a lot of junk information.

Are you implying that every person with a pet doesn't clean (or have well-behaved, house-trained pets)?