Your best bet would be to take a look at a combination of cash outs / or maybe just one in order to obtain your proceeds for the new purchase.

This code allows property owners to avoid paying capital gains taxes when they sell investment property and reinvest the proceeds into another investment property through a qualified intermediary, within a specific timeframe.For context, we support about a dozen luxury STR investors annually acquire Oregon Coastal vacation rentals with the majority of those clients originating from out of the area or State.

There is normally a partial release premium that requires you to pay additional proceeds towards the remaining properties in the loan.

Im the opposite, I recently had to sue a company for a product defect,  so evictions and court proceedings imo can make you go insane. 

This is currently taxed at a higher rate (25%).1031 Exchange: You can use a 1031 exchange to defer paying capital gains taxes by reinvesting proceeds into another like-kind property.

It doesn't mean that it is a bad place to invest, but you are right to be scared and proceed with caution if you are an out of town investor with no knowledge of the area. 

Best wishes There was no holding costs because it was a very quick rehab and I was able to proceed with the refi even before the short-term loan payments kicked in.

That means the person or charity gets 25% more than if you sold and gave them the proceeds.

If it worth more than $2,000 there is more involved, including selling the property and turning the proceeds over to the state as unclaimed property.

As consideration for the loan we are providing and to secure your obligations under this Agreement, you hereby grant to us a security interest in the following property (collectively “Collateral”):all consideration received from the collection, sale or other disposition of the Collateralized Goods, including any payment received from any insurer arising from any loss, damage or destruction of any Collateralized Goods and any other payment received as a result of possessing any Collateralized Goods, or any other proceeds of Collateralized Goods."