If you had only held it for a few months, and then sold it, I would be concerned that you would have a difficult time showing intent to hold for investment.

Cut your losses and move on.

You have them cut you a check in your name.

Financing takes to long to put into place 3) you can't cut on any utilities.

Then, if you can get a house cheap enough to make your cut, you have a deal.

If you have an IKEA within driving distance, they make a really nice butcher block countertop that can easily be cut to size.

That 6th sense you spoke of, I understand that.So, if I ticked off an gurus or any wannabe gurus, sorry but, disregard my opinion or if any are really concerned, bone up and get the stuff together.

Learn from them and build up your bankroll until you can start up a well funded marketing campaign.OR2) Find an investor/rehabber to partner with, and have them fund the marketing, and they get first dibs on all deals, and a cut out of anything that gets wholesaled. ( This one might be tough unless you have a relationship with someone like this already)You could also door knock, this only costs you time and gas money.When I did my first few deals as a real estate agent, I needed tons of help along the way.

Mortgage is about $1600/month and I get about $1400/month after property management's cut.

My concern is that this house is not locked up under contract, which means the investor could simply show up with me, evaluate, see a deal and move forward on his own.