With $330/m in cash flow, unless you have sufficient reserves set aside those funds should remain as liquid as possible in the event of repairs or cap ex.

First off, many sellers don't have sufficient equity to offer seller financing. 

We need the cash to mostly just tie us over untill we sell the property, so 150,000 is on the upper end; 80,000 and above would probably be sufficient. 

The same way you communicated when you gave them control of the property, should be sufficient to give notice now.It sounds like you have not received 2 months of rents, is that accurate?

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

It could indicate they lack sufficient knowledge or experience in professional property management, which may lead to costly issues for you down the line.

The best way to connect and learn is to be in rooms where it's going down.In terms of captial your best bet is to focus on a primary income that cash flow sufficiently, saving as much as you can and doing something real estate related so you can get familiar with the industry.

Incurring debt before you have sufficient earnings to support that debt.

Mainly the "self sufficiency test". 

Until then, the general Knowledge a tax accountant has on real estate will be sufficient for the price and benefit I get.