If passive income is key, renting the condo or reinvesting in a property portfolio could be solid options.

I don't currently have any investment properties, but will likely work with a turn-key property managment in the Memphis/Little Rock area.My goal is to build a good cash-flow portfolio to ease into retirement. 

If it's turn key and rented you would analyze current rents vs expenses.

I don't mean to come off as a conspiracy theorist - I'm not saying this is normal; I have no experience with foreclosures, just parlaying the message. 

Being out of state adds challenges, but the key is building a solid team.

. 😂 Cash for keys can be done in an afternoon. 

We’ve tried other platforms on the market, but the message delivery rates were very low compared to the 85%+ I get here.

They key is to find out what you bring to the table to others; in this case to my mentor, my clients and eventually to my business partners. 

I am currently looking more for turn key at this point.

If you are looking for turn-key, your returns won't be as high, but that is mitigated by lower stress.