Most people don’t want to sell a property and walk with zero dollars.

I wholesale some properties, and others make sense to take down as rentals.

What's the age and condition of this property?

I'd recommend working with a good strong property manager that lives in that area that can check on them.

If you want to acquire more real estate I suggest more savings or sell the other property with equity. 

I have high equity in my current duplex so planning on using that to fund down payment for the next property.  

I worked exclusively in STVR property management on the island and currently work in long-term property management servicing the West Metro (Minneapolis).

Driving by a property today to see if makes sense to walk.

Where do you think a rehab is more likely to net the better sweat appreciation the high property value market or the low property value market?  

.: Property managers, how do you collect rent from tenants, keep your management fee, and send the remainder to the owner without it reflecting as if you received the full rental income in your bank account?