Living abroad significantly complicates your tax situation. 

The timing of the process is what gets complicated on a property that has not gone through foreclosure sale yet.

Don’t over complicate it.

Otherwise, you are looking at doing more complicated/advanced borrowing techniques.Communication is key to really ALL job/trades. 

My situation is complicated by the fact that I’m an out of state investor.

As I suspected, it gets complicated.

As mentioned several times, while it may be possible it significantly complicated wholesaling.

The down payment for your new house is a complicating factor that might change things, but if you are just looking to cash out and invest your profits somewhere else, my immediate reaction is that it would be hard to find something else that will have better returns than this house you've already bought.

I figured it had to be more complicated than that.

But what will complicate things and maybe indicate that you still should hire one is that if you are a non-US taxpayer you are subject to FIRPTA withholding.