It is a good opportunity to ask questions, including stuff that's not in the coursework. 

It is hard for me to walk away from a cash-flowing property but I also feel that I may be missing out on an opportunity to make some cash to invest in more things quicker.

That should be more than enough for his household of ONE.Security Deposit: $2475 (1.5 x rent, the max allowed in NJ)Good government job with opportunity for advancement.

But with technology today why not take advantage of opportunities in other markets that make more sense for your strategy, goals, available capital etc... 

That creates a lot of opportunity for the persistent person. 

Does this require certain contractors like the FHA 203K or does it give more opportunities for who you hire out?

Plus, you will have a different set of opportunities in your home town vs. other places.

It give me the opportunity to make a low ball offer and maybe buy the property at the right price.I don't know about the timeline your asking about.Although I am originally from Alabama, I won't invest in tax liens there because there are much better states to invest and get properties in a relatively short period of time, at least relative to AL.

My motto is...for every obstacle, there's an opportunity. 

But for the moment, we are just trying to take advantage of the opportunity to purchase the house next door, which we can always flip if we don’t have the mojo to fix it up ourselves.