Follow the lease and the laws in your state and start the eviction process.

From day one I treated my involvement in real estate as a real business.This means, I had an advertising budget, a lead generating and follow up process, a back end process and money source and above all an experienced mentor.  

I'd start the refinance process right away, or just pay it off, or sell. 

That refi allows me to recapitalize and repeat the process.

Mark, I am in the process of completing a HELOC with Wells Fargo.

Obtaining the FHA loan is great and you could repeat the process after about a year with the right lender.  

The broker/LO misses something that gets caught late in the process and blows the loan up.

Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.

I want a good turn key property that can be set up with a management company and I would like to repeat this process at least two or three times this year. 

This process is repeated over and over and over.