If you mean to enter into a contract and not be able to close unless you can assign it, I would recommend you discuss your business plan with a lawyer who is prepared to defend you. 

I personally have a Google alert for the term real estate investor and about once a week i get an article about some syndicator that has duped investors out of millions.My point was simply that we should just not shrug and say oh well the bankers did it and so we 'experienced'  investors should expect some fraud from some of the syndicators.I believe we should try to change things by being shocked and condemn them whenever we see this behavior.Sorry if you see this as being on my 'high horse' but that is what I believe.

Of course it is better still to simply pay for that expertise and keep control yourself. 

These funds can give out their advertised dividends and simply drain the NAV (i.e. reduce the price per share) effectively negating your dividends.  

Lead-base paints never really bother me unless they're chipping or peeling at which point I simply prep the area scrape any loose chips from the surface while keeping the area well ventilated, clean up any debris, primer over it once that's done and cover with paint...problem solved.

No excuses otherwise I know they are simply playing me and will never be worth while tenants.

The seller spent this whole time assuming the "cash buyer" is simply doing his due diligence and their headache house will be sold soon.

I've found that might be a little too much, but I'm not inclined to change it right now.  6% might be pretty much on target, but it does depend on the location (some areas simply have harsher conditions and also might be more expensive for repairs) and the age and condition of the property.  

According to Metrostudy, "Housing construction is at an all-time high in Central Texas, but the pace of new housing stock entering the market can’t justify last month’s jump in sales growth on its own.

All of these houses are or will soon be entering the market.