From there, I would filter down to the most motivated people who would take a very low price, perform a title search to check for liens and title issues, get a contractor to give a more accurate estimate for repairs and use that to refine my calculations, get the contract and necessary forms signed to secure the property and then finally market it to my buyers. 

@Scott Smith congratulations on your gain as i am exploring option 4 below as well .

Tied up a lot of deferred maintenance issues and just raised rent to still below market.

No investment is completely immune from changes in the market, but this would probably be lower risk than many of the other options.

Tenants don't want to look at a to do list: furnace filters, grass cutting etc.

I could see justification for it being above or below that clear cut harvest value. 

Hi Ron,Biggest thing is if you rents are at,above, or below current market?

@Richard SnyderThe first thing is to determine whether claiming the real estate professional designation will benefit you.If your rental tax losses are below $25,000 and you make less than $100,000, you may not benefit as you would be eligible to take the same losses regardless of the designation.If you do benefit from being a real estate professional, you have to note that there are a lot of rules/record keeping required to actually get the benefit.

That means that the market needs to provide the opportunities for turnkey companies to price their properties based on the rent to value ratio, instead of relying on top market price, they are providing those properties below market value a lot of the time.

Contract details are below:1.