We are leaning more toward Johnson City just due to location, size, and economy/industries that are there.

If the property is not cash flowing and is due to your mortgage carry, it will most likely require a cash buyer to work (or close to it). 

Normally, we would say no and wait until the end of the lease but due to the situation and hardships we would inspect for pets and pet damages.

The Big plus is the tax deductions they will be able to take as well!!! 

Keep in mind tax's.

You are best off to raise the rent and give the tenant the option to stay.Also, I hear a lot on here that "rents should be", "the potential rents are"... make sure that you do your due diligence when calculating potential rents because most new owner OVER estimate them.

If you were financing a property that netted $300 after principle, interest, taxes, and insurance (PITI), and say your rent was $1,200 a month.

I was told that I couldn't get a HELOC on my properties due to them being in LLCs.

If you are using a third-party site to conduct the background checks, sometimes they have the option to send a person, a denial letter, and due to the fair credit act it may be required to send them a notice, informing them that you checked their credit and background so that they have a receipt that it was completed.

Many assumptions were made as to my knowledge, part due to my "rookie status" on the thread and part in that being the first deal being made.