I would get the new tenant to apply and process it per your criteria.  

Hire a company/person that is solely a QI like @Dave Foster they do it every day and will keep you legal and on track. 

People who get evicted could care less about a judgement or the collection process. 

The rental is currently managed by my husband and I and I do the paperwork and lease etc, and hire contractors or husband does light repairs.

It is important that you hire professionals who have experience working with foreign investors.

We like to stay in control all through the process..

If you have hired a specialist to perform a cost segregation study of your real estate property, they will likely use one of the six most common methodologies recognized by the IRS.

Right now I am already in the process of:-posting the portfolio for sale here in the BP forums.

We are submerged in the process of learning all the we can; reading the books, listening to podcasts, watching the webinars, etc. and want to know more so we can get started with as much information as possible.

Any other advice on the process and flipping would be greatly appreciated!