:) Kidding aside, this looks like a lot of fun, exactly the kind of deal that I'd like to get into, provided the price is right.

Where you may have several 100 replies to your mailing which means 600 call backs.Side note is that we moved to small towns up and down the major freeways because we hate this kind of crazy hard work.  

What kind of documentation is needed to show that loan assumption?

Any ideas on what kind of deal I would be able to structure with this?

Thanks for the kind words, I am looking forward to take full advantage of the PB community.

Pretty common in my experience.

Kind of a data driven validation that BP members most active there.

They can of course lower the limit at any time, quite common in 2008/2009ish.  

Curious what kind of rates hard and private lenders are offering near you? 

You show the property's value through a variety of methods but two of the most common and successful approaches are 1) testimony from a licensed appraiser, or 2) showing that you purchased the property recently in an arms length transaction.