The departing tenant says she will continue paying rent, but I wouldn't bet on it.

I am guessing his hands are tied as Norada is simply the marketing company and I am guessing no operational control of Wagner.

Whether it's a legal demand for compliance or simply an email, it doesn't really matter; just make sure everything is in writing. 

I would highly recommend a mentor or even paying a coach to get started.

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I’m trying to figure out how I can pay myself and buy another property.

You’re not going to find a safe way to do what you want unless you or the “buyer” has enough cash to pay off the note. 

What have you been paying for utilities?

For example it does not consider who pay the utilities, obviously if the LL pays all the utilities, the net is lower. 

One would think that a bidder would pay $45,000 in my example (since they are assuming the first mortgage), but they are actually bidding $225,000.