Not sure of all the specifics on your UT property, but holding onto it and making it a rental sounds ideal to me.

Thoughts on Coronavirus, and why right now is the ideal time to purchase single family rentals.While the Coronavirus has had an impact globally in different ways, the SFR rental market is extremely strong with higher demand than ever! 

The virtual showings aren't ideal as they have a lower conversion rate, but it's really the only way to get people to actually inquire about it because in-person showings have dropped considerably. 

I deal with a lot of investors everyday. 

Some homeowners will quickly fall behind on mortgage payments as they prioritize other expenditures (food, healthcare, gas, phone and auto payments).

Some homeowners will quickly fall behind on mortgage payments as they prioritize other expenditures (food, healthcare, gas, phone and auto payments).

So your agent can likely set you up with an auto-search so you receive them if you wish to.  

I use standard landlord policies on my properties which include $300K liability, plus a $1-2M umbrella policy over all my rentals, home, and auto. 

Ideally, you'll have an agent with in house property management, because it keeps them accountable after the sale.

Ideally, you're getting 10-12% CoC ROI on a $7-9MM property (or properties) with 2-3% appreciation.