If long term wealth is your goal then getting a property with 10% cash return may be fine when you add in equity gain and appreciation, that's a personal call.How much risk can you deal with, how much work do you want to put into it (in terms of rehab and management), and what type of returns do you want to get will be the key things that should guide where and how you invest your money.

The key is what your lease says about appliances.

These are the key factors you need to be sucessful in the model you propose.In addition, simultaneous closings (where you use your end buyer's funds to close your purchase transaction - using buyer C to close the A-B transaction) are very difficult at best these days due to the many law changes and the title companies not insuring the transactions or willing to perform such transaction.

OO's will want turn-key as will newbie investor's.

The key is to have a plan B and not fall in love with the property you're looking at.

Under promise and over deliver.

The key is the property had been on the market for 2 years at over 200k.

A: enter the property, re-key and get ready to rent again.

if you want them out asap, you could go the 'cash for keys' route..i'm not a huge advocate of this, but i know many have used this with success

This is key to assessing where your market is heading.