And yes, you are still responsible for wiring earnest money to the closing attorney/title company when you put the property under contract.

If so, how do you feel about the property you chose?

You need to transition the tenant out of your property.

They exist but they are mostly for commercial properties.  

There's a standard syndication that goes out to sites like Zillow, Redfin etc that is included when it is listed in the MLS; hence why people can find properties from across the country. 

I had a flipper come to me asking about doing a new development.He would need $240,000 to purchase the land from a wholesaler and then he would have his GC partner get the construction loan but they cant get the loan if their is someone else that has a lien on the property so i would have to collateralize against one of their assets which they don't have.

I am a CT based investor, flipper and property management company owner.  

Budget Bytes is another solid blog with affordable, healthy meal ideas.By the way, I saw that you're in rental property investing.

Quote from @Kelly Giarrocco: I bought a vacant property on Sherriff sale last year on the ********** site.1.

Spending a ton on property management doesn't seem like the best move.