I like the later option, but that’s a personal preference.If you’re not yet used to analyzing deals, then start practicing with anything you find.

@Parker Robertson There are several other options out there like JWB, Midsouth homebuyers and Crestcore to name a few. 

Best option is using an attorney to at least review the documents.

And if not- what are the creative options?

Those types of properties are usually pure cash flow options.

Hey @Andrew Pryor, You definitely have some options...I have an entire novel I could write here on ways to make this work.

I gain occupancy at the end of the month, and looking to begin on some of these projects then.I am a newborn when it comes to the real estate world, but I am trying to retain all the knowledge possible to become successful in this space - building a team, what type of real estate to enter, loan buying options and experience, location location location, you name it.

Explore other rental platforms besides Zillow and consider social media marketing or yard signs.

To see how you are with being a landlord again, then gradually scale from there. with the remaining cash on hand, you always have the option to pay it off whenever you'd like or keep it on hand for any repairs/ maintenance that comes with being a landlord.  

I already have a general game plan set up but am trying to explore all of my opportunities before committing to any specific strategy.