@Angel Mora did you ever get a response from anyone?

My wife and I have overhauled our personal budget to reflect the 'pay yourself first' approach (allocate in order: income comes in -> invest -> donate -> fixed expenses -> variable expenses -> fun $$).We are looking to see what experienced people generally recommend for a holding tank for that 'invest' allocation while we target our first real estate deal.What financial vehicles have you guys used that works well for this?

Thank you for your response, I truly value your time and expertise.

Quote from @Jason Malabute: Thanks Jason for the response. 

Know your responsibilities as a landlord instead of acquiescing to every request or complaint.

Plus, I’m not a “people person” and I know my weaknesses. 

I spend roughly $120k on my renovations, but this is for the entire property and developing the secondary suite which certainly costs more (2 new furnaces, all new plumbing, new kitchens and bathrooms with tiled floors and showers).All said and done, I personally love it.

They want to pick up the phone and call or text and get an instant response from their cleaners.

I often think we forgot we the voters are responsible for all of this. 

@Shawn Questa I agree with you that there could be some opportunity here, but personally, with that little equity in the property, I'd wait for the pre-foreclosure process to start and  perhaps you can do a short sale (though I don't know the details on how that's handled in TX).