I don't want to threaten to walk away because I did get it for a good price and it's in an area that is experiencing a lot of growth.

A lot of growth here.

Creating instructions on the steps involved and outsourcing the task to a virtual assistant as @Erik Logan was mentioning. 2.)

But I'm not sure of the legalities of that because most of the tasks that I would require of that assistant would be real estate related.

Well on that not then would it be better to give that task to a property manager (firm)?

Louis itself, I believe there are pockets of rehab and growth happening as we speak. 

The biggest thing I look for is population growth and the most up-to-date data that I have found is on the US Census Bureau website.

So I am assuming the cities or counties are attempting to spur growth.

Picture coming to work after an amazing weekend filled with plenty of fun and plenty of R&R only to discover that all of your to-dos are DONE.All the errands you had to run—DONE.All the admin tasks you were dreading—DONE.All the tedious charts and analyses and spreadsheets—DONE, DONE and DONE.This is not out of the realm for your business, believe it or not.

I am not a financial advisor.. you could use Roth IRA.. money goes in after taxes, growth and withdrawals are tax free.