Who would let their own note be assignable to other random/unknown people?

We haven't had the duplex long enough to have a vacancyCap rate is unknown, and still relatively new to me in concept.

I will not be gutting the kitchen or Bath to the studs, its mostly cosmetic work. 1 month to complete work, 2 weeks for unknown

Their brokerage might not allow or have E & O Insurance for completing BPO's.Many appraisers also do BPO's but likely these days with so many regular home sales paying 400 to 500 a pop for appraisals likely do not do as many anymore.The cost offered to complete the BPO, timeline to complete (days,weeks), location (rural, suburban, urban core), Exterior or Interior BPO, whether map photos or drive by photos are required,etc.I do not think a broker/agent would want to complete a BPO for an unknown person as there is no surety of getting paid for the time invested.

Part of the risk for realtor women is they are meeting strangers of potentially unknown identity.

There are still many unknowns on this one.

If you are assuming a loan and not refinancing then the monthly payment will be whatever the current owner is paying, which is unknown in this situation without knowing their purchase price and financing terms.  

I appreciate the question because it's such an unknown for most early investors.  

(k) to neither hold not attempt to hold the Landlord or Landlord's agents, employees, or insurance companies liable for any injury, loss or damage to persons or property arising from any unknown cause, or arising from fire, floods, riots, governmental actions, acts of God, terrorism, interruption of utility services, or from the defect of the Property not called to the attention of the Landlord by Tenant in writingThe tenants should file a claim with their renters insurance. 

Investing out of state has lots of unknown for the beginning investor.