It is held under an LLC.Property value 190k (for 2 lots next to each other - 1 for the house, the other is an approved building lot, however I use it for parking)Debt: 107k left on first mortgage 25 year term, 5% adjusts once every 5 years. 21 years 4 months left.20k left on seller's note 30 yr amortization, balloon payment at 8 years. (4 year 4 months to go!)

I live in NY and I am moving to Florida for similar reasonsGood LuckGino First , I wish you luck in your new market . to be honest with you , this problem it held back from doing many things , it is good to find someone who is successful investor like yourself and have an experience in this kind of issues . let me ask you this : by moving to another market area , do you mean another city or completely different state and area  like I am in the south now and move to  up north  or west ...etc? 

Title held in the name of my LLC, which I'm the sold member of. 

there is a reserve to be held for repairs, in our case between $250-500... i have 1 company that doesn't take pictures during the walk thru, but instead, has a check list they use....  

"It never hurts to ask"  Has really held true.  

Most coworkers say "he just got lucky" lol.I have built one spec. house for myself and partners in the 90s, held it for to long and interest and broker fees ate most of the profits, so partnership dissolved because of lack of money in the one project and interest to continue.

You can take the class and then sign up for the license test which is held at the University of Guam. 

Since it's privately held, how do you do due diligence on the company?

If you are flipping, then the S-corporation is probably better.In my opinion, a business entity is not really necessary until you have a high net worth to protect but this is not a widely held opinion in these forums.  

Remember not every property manager is ethical and fair, but being a NARPM member we are held to a different standard.