Some options to float with your tax advisor would be1.

Is there something like this already floating around out there?

In certain states title companies can provide an affidavit for the court asking the judge to "Set aside" or Vacate the judgement based on new owners.The court or collector could then re-file the judgement against the correct person as a "floating judgement" or lien against their property/assets.  

I don't want to get stuck with a money pit that I'm having to float along just to try to make profit on the back end when I sell the property.

Normally just floating the difference would be good to reduce trip hazard but not sure you can do that on the city walk. 

You can find fixed-rate commercial loans for 10+ years, but a majority of commercial loans are floating rates. 

Partner with a BP Member (preferably one in your area): It's a seller's market right now and presumably there is a lot of investor money floating around.

You need 25 percent down minimum for your first investment property plus a $10k float for emergency expenses beyond your own emergency fund. 

Cash, with a float in case all the appliances blew up. 

Five minutes into the MLS I found 2 properties in her price range and when she hemmed and hawed at those not being good enough I just put her on an MLS drip, gave her my card, and let her float off into space lol.Sellers are worth more effort up front because they take less effort in contract-to-close and you get some free marketing with the for sale sign.