I'd encourage you to talk to a CPA before choosing a path.Since you are already an agent, the odds are good you could qualify as a real estate professional status (REPS) for tax purposes. 

My #1 property management customer are folks just like you - built a spec house, can't sell it, and want to make it an annual rental to stop the bleeding.

Although consumer recognition has historically been lacking, it is encouraging to see that they are finally making good progress in this area.Thanks for feedback Calvin, your points are valid.  

Be ready to pay off the loan, end buyer refi (the reason for a wrap is not always bad credit), sell property, deed back and do a lease purchase option for a while (depending on what state you are in), whatever needed.The banks are not gods - they are just entities that do not care much for their customers due to being too big.Stay safe out there kids

@Travis TimmonsHey thanks for the words of encouragement!

They each have their own specialties and pros/cons, but I would consider them the top reliable companies, especially on a customer (landlord) service basis:Evansville Homes For RentFC Tucker Property ManagementGoebel Realty Property ManagementBest of luck!

Know your customer, understand what they want, understand how they want to live.Good Luck!

I'd also encourage you to look at 4+ bedroom properties as well.

If you are, together with the fact that you execute trades and maintain accounts for your customers you're a broker.You market to the least sophisticated, smallest investors out there.

Retail customers who don't do their research end up in your situation with any appliance.