unless its a sherrif sale  In Washington its just one notice@David Friedman  CA there are two notices as you mentioned  in WA and OR trustee sales just ONE notice.and even sherrif sales just one notice.. that will have the sale date in it as well.What WA OR and CA investor need to check out though is buying assets that are in pre foreclosure there are specific rules regarding those and profits that can be taken from them. 

Cash flow positive is still great no matter what way you look at it and if you don't have a specific reason other than the cash flow thing for wanting to sell ex. say no longer an area you want to own the investment in or in the next couple years you could see no longer being cash flow positive because of HOA fees/Taxes etc I would hold onto it personally as a positive asset.

To protect my other assets.  

As a homeowner turned renter and retiree from another state, I had assets (savings account balance) to prove my capacity to pay the rent for a year and a good credit score to prove my character of paying my bills on time.

At that point, your FICO score should be less of a factor as you'll be using portfolio lenders that give more emphasis on the asset and your experience.  

In other words we focus on quality, newer assets located in great sub-markets.

Truthfully, I don’t see a lot down here from wholesalers that I work with that fits my criteria and when I lend, its usually different assets than what might be expected to be common at REIAs.  

I have a pretty solid system in Phoenix - self manage, long term tenants in SFRs, etc.While I feel that I've acquired enough assets to retire comfortably (at some point), I don't currently get enough income from the properties.

But you'll get to establish a relationship with a local bank (or several) and potentially open the door to obtaining a business line of credit down the road once you have built up trust with the lender.

In my area, which is seeing MF assets trade at crazy low CAP rates a property with 18k NOI would trade for less than 300k.