New roof and gutters, updated vinyl double pane windows, resurfaced parking lot, and upgraded main water line.  

Based on the fact that new construction is currently at a relatively low premium when compared to existing construction, I think this strategy might be a good option.

Try a new approach.

Hey, I'm John.  I'm looking to network with people investing, selling, and rehabbing.  Thanks!

Leave it in your name, get a new insurance policy and call it a day and rent it out

I'm looking forward to meeting new people and am happy to share my experiences through my first 4 years in real estate with anybody who's looking to get started.

Tenant then proceeded to provide me with his new address and another address for tenant 2. 

Historically in EBR, though, once the exemption is in place, it is unlikely to be removed unless the property is reassessed, there is a complaint, or some other action occurs to bring non-owner occupancy to light, such as buying a new primary residence in the parish.

Again, if your $250k is true, and includes all the electrical upgrades, new plumbing runs, potentially new foundation pour (since I assume the existing garage slab is not capable of supporting a new two story house), I am guessing since I don't know the market, but assume you will have a lot of equity by completing the project.

I am looking to hire a new property manager in Phoenix.