With $130k, I'd consider the BRRRR strategy to recycle capital, build equity, and scale quickly.

If they are professional, they can explain this quickly and easily.

Pretty solid points here, I would also like to add refinancing with a non-traditional DSCR based loan can assist with getting access to cash quickly as there are many lenders that have a lower seasoning requirement. 

If you're trying to fill the vacancy as quickly as possibly you should price ver  y competitively.

It depends on the number of Units, Residential or Commercial, Apartment Complex or mix of Single Family and Multifamily.Under 25 unit - Tenant Cloud, Rentech.Under 100 - Then Doorloop/Buildium.100+ - AppFolio, Yardi, Rent Manager.Apartment Management : Yardi seems to be wildly usedSingle Family ( Mixed ) - AppFolio seems to be popularRent manager has a good customer support team.

If you go to invest in the note space I strongly recommend you do a quick background check on the sponsor as there are numerous who have very questionable pasts.

I'd move quickly if you're eyeballing that $59k listing that just popped up.  

Is gentrification happening quickly here, and is the area becoming safer?

I had one customer who bought here thinking they had to go to the office every day and then never went to the office. 

How quickly do you think you can achieve it?