Hard money lenders have a good amount of flex when it comes to FICO score and typically the main issue that borrowers with low FICO's have is that their max loan size gets cut which doesn't seem to be an issue here.

The Assignment Contract is what gives the cash buyer the right to purchase your interest in the property for the price agreed upon in the Purchase and Sale Agreement, as well as the profit you are charging the cash buyer to buy your right to that property.Occasionally, you may have an issue where you need an Addendum.

Your biggest issue is that $50k may not let you get a nice house and have any reserves.

Some people love that as the initial numbers look good, but probably over the long term they get tired of the common issues landlords face.It's not that hard typically to find a move in ready property, or even to find one that needs minor repairs, where you can capture the equity yourself vs the person selling it to you. 

After that, if issue is addressed but ground floor tenants keep complaining - remind them that common noises are expected when living in an apartment. 

v=srTDquLh4e8The issue is not the transfer between you and your LLC but what happened before.

I read this as someone using a short-term lens to focus on a long-term issue. 

The timing does suck because this issue came out of nowhere at the end of their lease.

I've sent so many follow-ups, and the issues remain.

The reason why, you're likely going to have issues with raising rents on your newly acquired tenants.