I would regardless make sure you put a contingency in the AOS that the sale is contingent on getting all required approvals, etc.   

@Michelle McGinty I recommend reading 401(k)aos by Andy Tanner.

New marketing plan to find motivated sellers1.Mailers – AO, OO2.Handbills3.Business cards4.TV commercials5.American Classifieds Ad6.Phonebook Ad7.Bandit Signs 8.Internet/Web Page9.Vehicle Graphics10.ReferralsAdditional ways to find motivated sellers1.Realtors2.REO3.HUD4.Condemned Buildings List5.Probate6.Foreclosure list7.Court Sales8.MLS9.Classifieds – look for deals in local ads10.FSBO’s – call FSBO’s and look at FSBO website

The AOM and Allonges are all there, but I discovered the selling entity is a debt collector (this purchase is through a broker).  

There is a NP 2nd mortgage on the property that I would like to either purchase or negotiate a lien release for some fraction of the unpaid balance, prior to the DIL.The 2nd lien has no equity backing and the last AOM that I can find lists an address that is no longer current.

And just to follow up on the above, on a quality LVT with a good AO finish I have smoothed the edge of a quarter before in front of my dealers.

For larger investors with multiple loans, I do a collateral assignment agreement, along with unrecorded AOM's/allonges in their entity name that are held by the custodian. 

The issue I'm facing is how to make a OM that fulfills legal reqs.Do you invest in the US or Canada?

Does anyone make their AOS dependent on the approval of their investment partners?

(However, be careful, because you dont want to be known as someone who does not follow through on A/O).