There is a REIA group that meets in Branson and one in Overland Park Kansas - both would be good groups to join - maybe not to attend the monthly meetings, but to attend the weekend workshops they offer from time to time - well worth the cost of the event and a day spent in either city for a full day of networking and learning.In Kansas City  - there is a full day training workshop coming up on the 17th of September and the 22nd of October at MAREI

The house is a HUD in University Heights, and was listed a couple days ago.

It is free to attend if you pre-register and $10 if you just show up at the door. 

I agree with a couple of things already mentioned: DIY or hire someone to do regular perimeter spray in each unit quarterly.

I am also interested in attending REI meetings in order to network as I presume it would be a great way to gain valuable information and key networking opportunities with some local buyers and investors as well as other wholesalers in my market.

Before you jump in, I suggest that you join a couple of local networking groups that strictly focus on multifamily to get a sense of what is happening in the multifamily market. 

I don't expect Scenario 1 to happen easily, but if we can have a couple conversations and spend a few bucks to get us close to that scenario, we'll be far better off than if we take a confrontational stance and motivate him to push us all into Scenario 2.In any case, we'll get something started tomorrow.

You can get the majority of these questions answered at one meeting and there's usually no cost to attend.

Did all these "investors" just attend a Real Estate seminar and get all hot to trot to buying into the miserable life of a landlord?

However, if you are connected in the community and know you can get a couple quality tenants, why not rent it out and pull some equity out if you want to free up some cash?