That would make the most sense as not to take away from cash flow and to cut expenses ASAP.

Just some items to think about if you haven't already.Another note, if the tenant isn't still tied to a long term lease, it *could* be more favorable to a buyer and you may end up with a higher sales price.

He's on the market at $750,000, so there's a very realistic break-even scenario.As a wholesaler, you would have to convince a buyer that you have something worth selling - and a "buyer's list" doesn't cut it. 

Often water is tied to the homeowner, things like electricity is with the occupant.You don't want to include utilities in the rent as the tenants typically don't think/care about usage resulting in high water bills as they aren't paying for extras.

My wife and I ReFi'd our rental into a 1st position Line of Credit that's tied to a zero balance sweep checking account.

(You get 75% but save about 25% in taxes.) better to have money tied up in equity than given away to the government.

A good handyman can fix 65%+ of issues and then should know which licensed contract you need for what they cannot do.An Inspector is good to have because you shouldn't trust contractors and should occassionally spot check your handyman's work to make sure it's done right.You'll also need a lawn company to cut lawns for vacant properties. 

If we went with traditional investor financing were probably looking at tying up at least 60k just to purchase the property, not to mention the rebuild costs.

I do have to recommission the septic system for about $1K and will cut that some by redoing the spray lines myself.

They hired our lawn care company to cut the lawn/shrubs.