This is more ideal for a tenant/someone that has a background in doing handyman work but at this point you have to understand that you are now also going to be their employer. 

The property’s location and its price point made it an ideal candidate for a fast sale.

I deal almost exclusively in commercial property, and in the few occasions I’ve done residential deals they’ve been with investors.  

In an ideal world I would start with a house flip, but I am tentative about starting out with this kind of project given than I have zero experience with buying real estate or managing a commercial real estate property.

Ideally, if you can’t start in your town, try to choose the closest town to you with a larger population.

You’re in a unique position with significant real estate assets, so here’s a streamlined take on how to proceed.Carlsbad homePrime spot near the beach, ideal for either short-term or mid-term rentals (STR/MTR).

The difference on each was ~10% and 10% on these properties were 6 figure difference.To address @Patrick Britton sarcastic reply on why I know the value better than the appraiser in my market is that I deal primarily with small multiplex in my market. 

For instance, in New York State, it's not permitted to collect last month's rent, additional security deposits beyond one month's rent, or pet deposits.Regarding the carpet issue, even tenants without pets can sometimes leave carpets in less-than-ideal condition after a couple of years.

I would contact the housing authority who manages the S8 program in your area to get an accurate ideal of how they determine what they'll pay on the tenant's behalf.

Ideally he will be stay there for 10 months and lease the property from the new owner while he gets ready for his move.