@William Causey depends on the transaction and the parties involved.Agree with @Dennis McNeely on some of the transaction costs.A different issue though is with an Assignment, the buyer gets to see what you paid for the property.

It seems like it basically up to you to do the math on how much more you will potentially make selling each unit individually and then deciding if that extra $$$ is worth the number of extra hours you will spend.

Bank of America does this - not sure about the minimums, but if you have a good relationship with your local branch, they can waive the monthly fees until your balance grows from rental income.

The previous buyer fell out of escrow and he was hoping I could do a quick purchase to get it off his books.

How big of a lot is required and how much would it cost to purchase?

I'll see what I can get out of the seller.

We serve most of central MO.  

What kind of help do you need? 

This is a great place to learn and to connect with people so take advantage of all the great resources.

There are dozens of things to consider.