How do most of you go about selecting a move-in date for your chosen applicant?

Hmmm; "appears area has some movement" seems far too vague, and makes it look like you want to GAMBLE on appreciation?

If you want to sell the 20K property, you're going to be looking for another investor that sees it as a deal and is willing to sink their cash into it, not an emotional buyer that will spend 100K because the house has nice flooring.Of course this is a personal decision, but I've personally chosen to stick with leverage and properties that are in a higher rent/price bracket.

In that case, read 'The Mathematics of Gambling' by Edward Thorpe to at least make sure that you are make the smartest bet you possibly can.

One path is to sell for $260,000 make several thousand FSBO, roll it into another investment, but there is SO much inventory out there right now that I'm gambling for some appreciation over the next four years.

OK, so just looked at one randomly chosen web site.

I don’t think its worth the gamble, but its your call.

The second building the previous owners failed to disclose (They said they had no clue) that the plumbing needed to be completely relaid as the material chosen for the pipes was of very poor quality and was prone to bursting.

It's a gamble either way.At this point, I would recommend you cut your losses and give them notice.

If your lawyer is not experienced with evictionas as part of his normal practice you have probably chosen the wrong lawyer.