Next hard rain watch gutters around you to see how many are running in unwanted areas.

I have all sorts of unpleasant chores, etc that I have to do at all my properties, if I can't handle that then I should do something else, right?

I figured some rent was better than none.One seasoned investor told me how to get rid of unwanted tenants and he called it "U-Haul Money".If you really want them out, offer to give them money to rent a U-haul for a one way move if they move out in say 72 hours or less.He told me that was better than to have them staying there a few months trashing the place and not paying you anything.Best Wishes with your investments.

Be prepared for overcrowding and long term unwanted guests, this is a fact of life in these areas.

While my situation is running smooth, I have seen some very chaotic and unpleasant dealings with family owning property together.

That brings me to another concern, though, if I don't roll that money into another house, I will take an unwanted, possibley unecessary, tax hit....

Unfortunately, my current career is in a related field; spending a lot of time in unpleasant places.

My issue is that I don't want to buy the property for cash and then have my end buyer change her mind and back out leaving me with an unwanted property and no cash.There will be contracts involved for both parties but what specifically should I do to protect myself so that I don't end up getting stuck in the mud.

My thinking is we want to free up as much cash as possible to eliminate any unwanted stress.

If you dont get the order correct as @Jessica S. and I have learned the hard way, it can be a pricey and unpleasant learning experience.Much success to you!