To answer your question, 10% seems to be on the low end of what I typically see.  

Depending on the exact location, age, roof construction type, etc, there definitely could be a few things to watch out forAssuming the roof is of a reasonable age, it's still more than possible to cash flow with these properties, even after accounting for recent increases in insurance rates that we've seen.

Unfortunately, you must refinance the property completely with a new mortgage in order to pull equity out (or pursue a line of credit with a local bank). 

I'm not sure Banks are the answer..........up top you will see 'Build your Team' klick on that tab mortgage lenders are there.

I had downloaded all of the ledgers from the online portal .4 days after the relationship ended we started the process of auditing each property.

I know partial assumable loans were (and still are to some extent) pretty common place in commercial real estate financings, but does anyone know of a residential real estate lender who offers partial assumable loans on individual mortgages? 

Depending on the investment and your current knowledge, this can take from 2 to 20 hours of research.2, Spend $400 - $600 for 2 hours consultation with an attorney who specializes in real estate IN THE STATE that the underlying property is located in.3.

@John Clark This could take another year depending on how long the foreclosure process takes around here.

I am working on developing the marketing strategy for my new wholesaling business.

Well no one is biting probably because I only listed it on the local reia website and everyone is not wanting small towns.