I am in the process of acquiring a rental property and expect to acquire another in the next 18 months.

The owner ended up selling it as-is because of the long process. 

Any advice/insight is greatly appreciated as I am eager to start this process.  

@Bill Brandt called it Moss - start the process now.

Hi Everyone - I am working on a new tool aimed at making real estate investment analysis a data-driven process.

I'm developing a software designed to simplify the networking process for real estate investors.

They're in the process right now of doing video inspections for me on the homes, and they have been quick to inform me on any issues, etc. 

Credit is 800+.I have ~$120k in an inherited IRA that I could liquidate as well, but would prefer not to if at all possible.House #3 is least priority and could be used to offset the cost of the buyout on #1, but it cashflows so if I can keep it that would be great.I know it's a tough rate climate, but I'm looking for any creative options, and lenders who operate in all three markets that could help streamline the process. 

Keep in mind there is a HUGE difference in subto foreclosure rescue and what you guys are charging for standard subto deals which are far easier to do and far less complicated then having to squeeze a deal into literally a 24 to 48 hour window.. its why we made the screaming deals virtually no competition because folks could not do their own title work or prep their own deeds and for sure was not going to risk 30k bringing a loan current like we did ..

There is a one car detached garage at the back of the property.I'm an absentee owner that rented this home out for 11 years with a management company and now I'm in the process of renovating it.When I'm done with the project in a few weeks, I would like to 1031 exchange it into another cash flow property possibly in Indianapolis IN, but I'm open to other active markets.