Technically, you're going to have no problem as long as your lender can operate in Oregon, although having someone familiar with the area, norms, and players won't hurt.

Looking at your available funds of $40k ($200k purchase price) that will get you a single family home in a C-D neighborhood.

I wish they would sell to someone "off market", however if they did only the big players would be buying them up left and right.

It just hasn't been worth the cost to upgrade to the buildium and app folio type players.

The flippers are big time players, doing 100 houses a year (that's 2 houses a week).

Option A try to buy out B C D after they pay their % of the capital gains tax if they're willing. 

A cd or savings account would probably be best.

In my case, it's DIY, self-managing low-income single-family in C/D areas.

On a smaller scale, just call a local broker (better: call all top players, hopefully there are 3-5) and tell them you have 7 properties that you want to place in their rental program, and want details on how their rental management operation works.

It's a con as far as I'm concerned, with the majority of players having zero knowledge they are part of it.