You could keep it as a rental, execute a 1031 of your own, or sell it with little or no tax burden.I know that was a wall of text, but this strategy is one that our investors use regularly to defer or avoid taxation when they want to get out of an old investment and into something more lucrative.Anyway, you have options!

Due to health and other issues, I would be the only one who could serve, but it is not feasible out-of-state.

You have to regularly inspect it.You might have a moisture problem.

I have used the program on a regular basis for 15 years for many different sized companies, in both the desktop version and online.  

Do not cut any corners on estimates to make something look better on paper but is not real..Track all income and expenses by project and in report form and review them regularly with a few other people you trust and understand your goals and plans.   

The rest of the work can be handled by a handyman that the PM hires and oversees them Having the onsite manager is cheaper than my regular PM company when you consider all the costs of his rent, management, landscaping, and repairs.

I am also interested in groups that can not be tied to a single location but may meet via a web based medium at a regular frequency. 

Steering investors away from condos due to the fact that the Board could change their rental policy out of the blue is something I have seen pretty regularly on BP.  

Two of them are regulars here on bigger pockets and very successful.

There are many hang ups to going the regular commercial route; length of time self employed, full doc may not work because you write stuff off or the DCR may not work etc...If you want a portfolio lender, there are several out there that offer no income verification, no seasoning, and no specific length of time self employed.Hope this helps,Stephanie