You'll also want to know the available operating reserves for capital improvements or maintenance of the HOA and community rules and regulations before closing the deal.

There are about 4-5 attorneys in CLT that are good with understanding the nature of the assignment contract and how to account for it on the ALTA etc.  

I cIan even provide preforclosures via RealList but I am looking for a true partnership where we can both bring value to each other.With my previous wholesaling experience, I believe it would be a natural partnership as I am an agent that thinks outside of the box and always looking for creative ways to put deals together. 

Since it seems you have doubts, consider a lower LTV as @Odie Ayaga suggests and make sure you have enough reserves to cover the payments should you run into trouble.

Generally you try to get the seller to pay the fee or split the fee for the assumption.The assumption is a time when the CMBS lender can hit the buyer up with  altering the loan docs and making more demands for reserves, fees to assume the loan, and changes to the lockbox account.

I still fly for the reserves and may make it to 20 years doing that but when it stops being fun I'll move on again. 

 @Jack Lupica I gotcha, I guess my reasoning for that is property is smaller areas naturally have less demand.

I've had more luck doing it for commercial loans, but even then the lender will want you to have a good amount of funds into the deal, plus reserves.

Everyone uses different rules of thumb, but I've typically seen the following:$500-$1,000 per unit in Replacement Reserves (usually lender required anyway), and1or 2 months of operating cash flow (to cover expenses and debt service for a month or two if any excessive vacancy occurs)Beyond that, it is a personal preference.

Have you been able to save for down payment and reserves?