Moreover, it's getting more and more mainstream with the ineluctable rise of the digital nomads.If you go to my profile, you can find and read the many posts I wrote about international real estate investing, especially in these areas.

They don’t have to accept the first applicant that comes along.

In this case, you should be able to sell directly without listing in the MLS and soliciting buyers, and issuing Tenant rights notices (if applicable in your state) etc which is a huge benefit in DC assuming that the tenant is paying market price or at least a price that is acceptable to you.As suggested above, you should consult with your broker and be sure you’re following their rules on selling your own property.

I have been reading about the 80-88% rule but I am worried it will impact my offer and not being accepted. 

It’s a bit hard to stomach or accept that I would be losing 10K if I walked away from the deal.

I would check with your municipality to see if it is acceptable and what the permitting looks like.

I just had my first off-market deal accepted.  

But finding the right one in which the numbers work out and the Owner will accept owner-financing, etc, takes a lot of research and patience. 

The generally accepted definition of a small business is a firm with less then 500 employees and depending on the industry somewhere between $750,000 to $38.5m in annual revenue.

It would seem cash flow may be impacted some (market value seems untied to rent value), but it seems likely that I'd continue to pay my mortgages, and unless the banks want to be difficult, they would continue to accept my on time payment.