The first one is the hardest to get off the ground, but there are ways - and you'll thank yourself down the road for doing so because real estate is a long game. 

The reverse mortgage company wants buyout and I dont have over 200k to pay out.

If you own this as a rental then there is not homestead exemption and you'll pay much higher tax rate than a resident/owner occupant in SC. 

@Jon D. some questions, the answers may help you better focus.1) Why did you pay your primary mortgage off in the first place?

Often times you will pay much more in taxes than if you pulled the money out, paid the taxes and penalty and then started investing in real estate.For example, with the financing you mentioned, the IRA must pay taxes on the portion of the profit earned by financing. 

They put one of their employees into one of my houses, and after I switched to a new property manager, that tenant stopped paying rent (amazing!)  

I noticed that the previous owner let them pay half the security deposit and the other half later, which is a red flag.

Yor offer starts off with, "I'll pay your commission" and here is what I'd like to offer your client. 

If the tenant is claiming to be living in a hotel, she may try to get you to reimburse for that cost unless section 8 has a new process to reimburse them for this... which sounds absurd but I'll let you deduce whether or not you're dealing with someone who is used to paying for things out of their own pocket. 

I was wondering if it is worth paying for BP pro membership for the special discount with Home Depot (e.g. flooring, appliances, etc).