I clearly explained the situation and that we would not need an agent on the buy-side, but definitely the sell-side, and she was immediately responsive and helpful.

You should read about the 70% rule and see if it applies to your situation. 

In my situation, am I gaining anything by renting it before refinancing?

Plus, at some point with multiple tenants, you might end up saying "no" to one tenant's situation and "yes" to anothers....and they talk, and they find out you treat them all differently.

In an exchange situation the IRS has ruled that a single member LLC will be a disregarded entity.

How would you restrict the situations that your termination clause would apply to?

Hello guys, would like to get an idea of what some of you would do in my situation.

So I have been doing my research, reading and learning as much as I can about investing, looking around for the niche that fits my situation.

@Jeff StansberryThat’s a no good situation to be in.

Such properties can be profitable, but it takes a special set of skills to manage the situations that will come up and potentially destroy your cash flow and/or the property.The strategy does not so much matter, rather than having a good team in place such as a very involved property manager with experience in class C/D properties.