And on the land value- is $50,000 the amount the county had listed? 

DIY A first-time DIYer can expect to spend several hours replacing a kitchen faucet.The time it takes depends on your experience and the faucet's complexity.You'll need tools like wrenches, a putty knife, and a small bucket.You'll also need materials like supply lines, silicone caulk, and plumbers tape.You may be tempted to be cheap and estimate only 30 minutes, but you should estimate an hour to be safe.What about the time to go to the property to figure out if a 2-hole or 3-hole faucet is needed, then drive to Home Depot to get it, drive back to install and then head either to the next job or back to the office?

If this is your only rental, DIY could work for now, but a one-time CPA review is recommended to ensure accuracy and tax efficiency, especially if you plan to expand your portfolio.This post does not create a CPA-Client relationship.

@Stephanie SelbyRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

Quote from @Robel Nessro: How is President Trump going to effect the Real Estate Industry, will it benefit the investors or impact the market and investors?  

Quote from @Luke Tetreault: My Fiancé and I will be wrapping up our 2nd year of investing part time in the next couple of months.

. - Thought you might want to check out my response to this original post too. 

What’s the best way for a new LP to vet potential managing partners?

Welcome, you came to the right place!

You could put it on the market (and you'll know what that second assumption is), and at the same time do whatever you can to get the tenants out (and know what the first assumption is).