Absentee Owners have been popular for a long time, and are apparently still somewhat effective (people are still mailing to them) but they are getting multiple offers to buy their home.

I bet they average 50%+ higher than this. 

Your best bet would be to use a title company or closing attorney in the state the property is in, many times an out of state title company wont touch properties out of their area. 

Starting to build an Short Term Rental Business in a very popular area How did you find this deal and how did you negotiate it?

Industries that are well suited to remote working, finance and technology are examples, should be less impacted.In response to stock market volatility we see a flight to safe assets and that is why the entire US Treasury yield curve is below 1%, something that has never happened before.Some of the impacts to the real estate business model will be:-higher unemployment amongst tenants in impacted industries-lower financing costs-likely greater challenges with equity financing as investors ‘freeze’ in the face of uncertainty or are reluctant to liquidate stock holdings that have fallen dramatically in order to fund real estate investments-cap rates - downward pressure from lower interest rates (cap rates tend to be a spread over treasuries), upward pressure as debt and equity financing become less available (less buyers in the market)I think the greater concern is the oil price war given it is a fight that the US does not have direct influence over.We are at the end of an approx 12y bull market so some kind of correction is healthy long term, even if it is painful short termHere are some additional insights into how you might want to position yourself at this time:Focus on the right asset – I like the multifamily asset class because multifamily real estate is popular during times of uncertainty because during these times, people prefer renting and because it is valued intrinsically it is less prone to large swings in sentiment which can impact the value of single-family homes.Diversify your Portfolio – real estate has low correlation to stocks and bonds and this makes it a hedge against the stock market.

Long amortization periods on fixed loan products combined with compound interest on investments is probably your best bet at maintaining an inflation resistant nest egg.

Taxes should be around $10,000-14,000.I bet this is roughly a 7 cap right now.

Hello @Rena Barron,Your best bet would be to connect with a local lender to give them a rundown of your situation and overview of your financials. 

I bet someone will repackage this as their virtual house flipping academy or boot camp soon.

Call that person again for a quote on the next property, I bet you will get a great response and attention to detail, because you have proven to the GC that you value their time and they will reciprocate.