It sucks, but it was the smart move for me in the long run.

The two risk factors I see in this scenario are: The Class A- property allows me to leverage my cash into a better property in a better neighborhood minimizing the risk of higher vacancy rate, the need to rely on subsidized rents, and getting a better qualified tenant mix for the long term, minimizing the possibility of fewer headaches.The Class C/C- property comes with a lot more cash flow due to there being no debt on the property, however it also comes with a lot more risk in the form of all the issues that come with renting a C/C- property and there seems to be a lot of them.

Now is the time for me to get going!

I'm concerned that I will need some other form of income being a brand new agent with few leads.

With a 130 hoa and taxes at 400 annually this place has done great for me.  

I am getting started with REO investing but do not have access to the MLS, I need an agent or broker that would be willing to run an MLS search for me.

I am here to learn and to surround myself with those much smarter than I, until the time comes for me to pass on what I've learned to someone like me.

Account Closed Evenings would be good for me--the only day I'm usually busy in the evenings is Tuesday, otherwise it depends on the week.  

Right now my list only exists in excel form, and I haven't found an effective way to rid it of dead leads (i.e. recently sold)2) Where do you find the best pricing on envelopes?

Essentially, I think he is open to any form of creative financing.