However, all my liquid funds are tied into it and I'd like to tap into those to get rolling on another project and then sell the home in a year or two when it has gone up in value a bit more. 

The most likely result, if a listing agent is dumb enough to actually let you get it under contract, is that 90 days later you won't be able to flip it for more than the bank's approved price, the deal falls apart, and the only thing you've accomplished is tied the seller for 3 months wasting the time they could have sold it to a real buyer, and got them 90 days closer to a foreclosure auction with maybe no time to go through the short sale process again.  

@William Howley You will find the best pricing if you can tie the rental to your personal lines policy. 

I was sold on the idea of wholesaling, and bird-dogging seems to be just about the same thing, except with a stronger relationship with another investor/mentor.

If you play the 30-60 day tie it up and market the contract and want to escape using BS lies (politely called weasel clauses) your tactics will mirror many of those in the business. 

I submit the Bay Area property is a stronger investment over time. as its far more liquid generally and values historically have risen.... who knows if we have come to the final market tops..

I've read quite a few posts about owner occupants being able to qualify for unique perks mortgages in Detroit, so that's another low risk option you have to liquidate the asset and not have future ties to it.3) land contract it to the tenant.

C class properties if you look at historical data points really don't move in value much... the only way they go down in value is failed landlord syndrome and the house is trashed then it gets tied up by a wholesaler who sells to a rehabber who sells to a end user..

The chains that kept my truck tied to the 15,000 pound trailer down the long hill were amazingly strong, and never broke. 

In 6 years I have contributed the following:  -Lived in the property for the first year to get owner occupied loan (which we didnt get anyway)- Loan is in both names personally (credit tied up)-55k out of pocket- Time spent dealing with contractors for the 9 month rehab, etc., tenants, lawyers, zoning, license and inspections, etc.