My ultimate goal would be to reinvest in a market that also has high rental demand and a future that looks positive from a demographic standpoint. 

My business partner spent over six months negotiating with the seller and we ultimately purchased at a 20% reduction from asking price.

My last loan was for 9.25%, so if I had my choice I would leave it in my personal name and up my insurance on it. 

With a non-spouse inherited IRA you have (up to) 4 choices:-Cash it all out now-Cash it all out over 5 years-Take required minimum distributions based on your life-Take required minimum distributions based on the life expectancy of the oldest beneficiary of the inherited IRAEach of those options has different tax implications.

I personally think out-of-state investing is a top choice.

Quote from @Simon Ashbaugh: Hey Geoffrey, Cleveland is an excellent choice!

Ended up buying a property in the Catskills and will be restocking pennies for a FL property next.re: Windsor Hills, it ultimately just felt a bit run down to me.

We are sending a very clear message to those who seek federal funds that we intend to stand up for the cause of civil rights and expect them to do the same.John Trasvia, HUD Assistant Secretary for Fair Housing and Equal Opportunity (FHEO), added, Prohibiting this form of discrimination provides an essential protection for many Americans, including disabled veterans, seasonal workers, and persons that are using housing choice vouchers to maintain housing for themselves and their children.

@Marc Shin "when the cat's away, the mice will play"Appropriate saying in regards to remote rehabs.As soon as most contractors figure out they aren't being properly managed because you aren't able to go to the jobsite regularly:1) They will take a long time to get things done2) Quality will suffer3) Highly likely to over-charge4) Highly likely to "create" more work for themselves5) Greater chance of billing you for work not done and materials they use on other jobsCan be done if you know what you're doing & have resources to check on them.Many are posting to ask an agent for contractors, but a PMC is usually a better choice.

It is a top choice for out of state investors like yourself!