To donate the property.I am going to guess it may be best to sell for market value and take the loss.Check with a very good reputable CPA if you dont have one already.

People say "drive for dollars" but city and county code enforcement has pretty much all of the crappy homes listed for me online throughout the area... 

A simple assignment of purchase form should work, look at all the assignment forms wholesalers use, available online.  

If you don't find much online, you may be pulling figures from Brunswick which is a different market.

@Jacob BassettYes, I see these all over the place and honestly with technology and everything online, I would advise against these sales programs that you see on bandit signs.

Despite what you may have read or seen online it's actually a terrible business model & almost always illegal.

Yesterday I filed for my LLC in Iowa my self online.

@Shay SinghAs a first time investor, start with single family rentals. you can buy using turnkey or MLS route.your local area can present opportunities and you can join local REA groups to educate yourself more.Recession in housing market is given and if you are tapping your line of credit as a down payment, you are leveraged to the hilt. to make $4k net a month, you will need to generate $6k after prop mgt fees and keep a cushion of $2k a month for repairs.real estate investing is great but have to acknowledge that repairs are always needed as you scale portfolios.look into midwest and midsouth areas. lot of reputable turnkey providers and realtors on BP. i am sure you will connect to the right source and start your journey.

I like online banks' saving accounts because they pay a good interest rate. 

I let my online banking software do the tracking for me.