So much can be done online, and while you DO need to be reachable by your guests, you do NOT have to be reachable within 90 seconds, so don't feel hostage to some unreasonable standard of communication. 

I typically buy at online auctions so can someone break this down step by step or correct my steps? 

I am thinking if there is any online property management that does showings and responds to any maintainence requests?

There are softwares listed there for online rental applications, tenant screening, marketing, and more!

I think that your best bet is to offer the Holder of the Contract for deed some sort of discount if they refinanced out of the contract for deed so you could get your equity, short of that I don't think you have a lot of options.

Hey @Erin Babnik, I agree with the Excel recommendation.I love to suggest QuickBooks Online for bookkeeping for REIs (that's what all of our Clients are on) but if you only have 1 property and are looking to keep this as simple as possible the clear winner is Excel.Best of luck!

You can also look at refinancing for a lower payment, rates are in low 6s now and likely to hit 5s in next few months. 

I have been debating this for a couple of months and have found conflicting recommendations online.

Both houses were financed via Hard Money at 11.99%.Hi Carlos: If you have enough cash reserve refinancing and renting these properties may be your best option.

A reduction in interest rates might not only boost homebuying activity but also trigger a wave of refinancing as homeowners look to lock in lower rates.4.