You would be gambling on appreciation, and that is speculation.

.- Create the web login for the existing mortgage so the buyer can verify current mortgage is current

Regardless, you took a gamble and it didn't work out.

It's still is a gamble.

It looks like you're now aware you need to go back to the drawing board, so that's good].As for your assessment on the area's potential (vs negative economic possibilities), at the end of the day, you'll have to make your own investing/gambling decisions.

The first line of your profile states "Let's talk Lead Generation"Your web site boldly declares "Ditch Direct Mail, Let us Call your list".

Or throw the dice and gamble the investment will come up roses and pay off the debt.

It's too much like gambling.  

Also, doing searches on the title information on the county web site.

It's really hard seeing how well people are doing with cashflow properties :(Other assumptions:- I have the funds to buy here in the Bay, although I don't want to gamble on further appreciation, I really like the idea of cash flow- Other than building wealth, another main goal of buying an out of state property would indeed be diversification from the stock market, which is wise in my opinion considering the crazy run of the past 7 years- I am aware there are other passive options such as investing in debt deals via crowdfunded portals, but those to me just seem a meat marketplace, plus you don't recoup any of the advantages that come with leverage, tax efficiency and building equityThanks