@Dan Bryskin, thanks for the encouragements.

As a PM I return calls/emails as quickly as possible or at least say "I'm really busy at the moment I'll call in X time".In any event, acknowledging the contact at a minimum.

Either way, you will likely need to price your current home pretty aggressively to make sure it sells fairly quickly as you are under contract to purchase. 

Definitely recommend you run the numbers and a quick way to do so before you get too deep and waste alot of time is to write down this:Purchase Price Cash to Close Rent-------------------- Property Tax per monthInsurance per month HOA Mortgage Vacancy (x%) Repairs (x%) Property Mgmt (x%) Total Expenses: XThen find out your cash flow INCOME - EXPENSESCap Rate NET ANNUAL -MORTGAGE ANNUAL / PURCHASE PRICECash on Cash Return NET ANNUAL +MORTGAGE ANNUAL / PURCHASE PRICETakes like 10 to 15 mins to evaluate the numbers.

I encourage you to reprogram your thoughts first, then you will be able to see the other  possibilities as I do now.

Can't recommend these guys enough; very responsive to emails and calls, quick answers to questions and handled everything over their website, email, phone and FedEx.

I just had a quick side bar question pertaining to the question.

I'm happy to give you a quick tour of most of the developments in those three towns, probably take 1.5 hours or so and no pressure to work with me as a Realtor, just happy to help out a fellow investor!

I guess they put it out fairly quick.

Know your resale value before you step into any purchase and make sure it will cover your expenses - including realtor fees, property transfer taxes, etc if you'll be selling it in a year or two - and then include the profit you intend to make too.I'd also encourage you to research mortgages from an investor's point of view.