Before we sold it we hired a management company to reduce the burden, but even then we decided to sell and walk away. 

Use 1031 Exchanges to Defer TaxesIf you’re selling a property, a 1031 exchange allows you to defer capital gains taxes by reinvesting the proceeds into another property.

In Texas we can go inactive, so no Broker, no selling, no MLS access,  but you still have to keep up your education CE hours and such. 

Cogo does fund some deals I have been paid off from refinances they did on properties I had a loan on or owned and was selling. 

We would love to work together with a organization that sells the property and has services like rehab network, financing, property management. 

As for the project, I assume Current is doing the horizontal development and will sell the improved lots for vertical construction, is that accurate?

They'll have the same issue with the next buyer and you can always come back in a few months and make them a much lower offer once the property has fallen out of contract a few times and they are extra motivated to sell.   

ThanksThere are no plan to sell any real estate in the near term. 

Used houses in the area sell anywhere from $75-125 a square foot.These are long term rentals that I do not plan to sell.I am reading the Rental Property Investing book and implementing the method that focuses on cash flow and that strategy states you need to have $300 cash flow per month, per property.

If you have any equity in the place, then try and sell it.