It's been professionally managed since I've owned it (I am an out of state investor).I am in the process of vetting realtors to see who I would want to list it for.

I've had PM clients who were relocated out of our market who have been able to qualify for a second mortgage only once we placed a tenant in the property they left, and only if they could show that the property was being managed by a professional PM.  

That's the type of above-and-beyond that you only get from a true professional.

But when a second floor tenant complained to me about loud music playing upstairs, I just pick up the phone, call up the offending tenant, and tell them to knock it off.

When I got of the phone, I knew, with my whole being, that I was wholesaling.Since then, I have written to the owner of a condemned property.  

I have a few properties, but they are professionally managed.

Contact the county or local planning department to see if there are any issues with building on the property - bring donuts and make friends as these people will make or break you.If you are unsure of the borders of the property, then have the seller order a professional survey be done.If there is a Department of State Lands or similar in your region then find out about any special delineations on the property.Find out about power.

My current job doesn't offer a match and I haven't been able to contribute to my Roth so this new strange space opened me up to finding the awesome community hereI thought I'd ask for some steering direction from those who have some experience so I can talk to a local professional (Dallas, TX) for the details/next steps.

Here's a handy timeline chart that I used yesterday in a post to show where an expense should be allocated depending on where you are in the process.There are a few other caveats regarding business trip deductions and start up expenses that you will want to talk to your tax professional about as well. 

I'm sure we will need to speak with a tax professional about the best way to structure this to benefit the both of us.