So if your choice is between gold that many believe is in a bubble and distressed property, I believe the answer is clear.

Also, are you a cash flow investor or do you prefer equity growth through appreciation?

Nice choice, huh?

Pick one or the other, because if it's 3 states away, you won't be able to know your market nearly as well, nor have as much time in with boots on the ground.Some prefer one way, some the other.

Then market for a qualified tenant buyer & assign our position to them.Some people prefer to assign back to the seller.

One of the tenants was a real jerk when we did a final walkthrough, and I have witnessed on several occasions that there are two people living in the apartment and 1 small dog, although the lease states an occupancy of 1 with NO dog.I don't want an immediate problem, and would prefer to avoid immediately having to deal with an eviction.

Has anyone rented out a unit with a bold paint choice?

I prefer smaller 2 bedroom houses with no basements.

If I get a few applicants and I see a person has moved around twice in the last 3 years and another person is pretty equal except they don't seem to move around as much I tend to prefer a person who will stay more than just one year.

Preferably do this before you shut down the lines, but if you can find additional credit at this point, that's better than where you are.