Quiting my job essentially made me unbankable for the time being and while I transition into my new role (starting a transportation business) I will likely have to wait to purchase the rental in mind. 

(If the loan isn't owned by Fannie Mae, you're at the mercy of the servicer/owner of the loan on whether or not they'll allow the transfer)Contact your current loan servicer to request a transition and have your LLC docs ready to submit. 

There used to be a President there, and he was signing on clients with the promise of being "personally involved in the complete transition".

I know that if I do transition to this field of work the opportunity is much greater than what I have now.

New transit system coming by 2021.

Once completed, I moved out and transitioned the unit over to a property manager in order to set it up with a Section 8 tenant.

I moved out and transitioned the unit over to a property manager in order to set it up with a Section 8 tenant.

If finding one near public transit is within your budget I would definitely opt for that.

If you want to scale things up a bit, you might think about mailing to some of the new motivated owner occupied lists such as:Seniors with Long-time Ownership: often ready to downsize or transition to assistance.Homeowners with Low Financial Stability Scores (FSS): Struggling financially and likely ready to cash in on their asset.Both these categories have additional advantages in that they probably don’t haven’t been updated and may have deferred maintenance.

I will be working in the loop so my main thing is being near public transit wherever I live.