Looking for ways to keep this property in my portfolio as a long term rental.

So don't let what you don't know keep you from acting. 

., population and jobs just keeps growing.

Also turn times can be rough meaning days to close. 

They stated that I would have to keep the property for a year before I can sell it.

And for anyone who says we have bad contractors, consider that every builder has a construction manager, who does nothing but keep jobs moving, coordinating between trades and monitoring quality.I am a die-hard real estate investor, so it takes me quite a bit to say this: given the remote burden on your ROI, maybe an S&P500 index fund will deliver you better returns for much less headache?

I would look for a professional manager and move on.Remember: cheaper doesn't mean you'll make more money.Start by going to www.narpm.org to search their directory of managers.

I'll definitely keep saving and see where I am in over a year. 

Here's what I mean.

Keep in mind, the accountant who files your taxes may not be the same accountant who advises you on wealth building strategies & thats OK.