If it were my property I would probably sell it but only because that amount of cash would take me a while to accumulate otherwise and open up a lot of opportunities. 

There are numerous investing opportunities in Scottsdale including single family homes, condos, townhouses, as well as pockets of 2-4 unit multis in prime areas.

All units were rented well below market rent and I realized this would be a great value-add opportunity.

There are a lot of other features that I will have coded in, but you get the idea.When this is all done, I will be generating an estimated 15-20K "opportunities" in any given month, over 45 counties in North Texas.

But I keep hearing people telling me not to rent out a property with a swimming pool because of insurance/liability issues.If I intend to insure it fully, am I still gonna run into problems?

@Jason Henning, You've got a golden opportunity here but tread carefully.  

It just took some detective work to find this opportunity and track down the owner that had left several years ago and wanted nothing to do with property.

From my experience (at least here in Louisiana), the thing to remember is that you don't get the opportunity to inspect the property physically prior to closing.I have been pleasantly surprised and the I have also been "unplea$antly $urpri$ed"If you're the winning bid you assume the risk of the need for an eviction, a title lien, or unknown repairs required.The newer the property the more likely (it seems to me) you may have these risks of unknown liens or need for repairs.I would do it again, but I will only buy at 60% if ARV.

All of the ones close to me are stupidly priced, but there are some interesting "turnaround" opportunities further away like in NC.

Second Home is worth 300,000He wants 250,000I intend to live in same home and rent out new home.Its 5:00 AM now and I knew i had to reach out to the Bigger Pockets fam.Thank you!