More details needed to offer advice: Monthly Mortgage Payment, outlook for speed of getting it rented, type of neighborhood (A,B,C,D)., what Cash Flow do you anticipate, etc.

If you’re lucky, and network on and offline, you might find a mentor (their hard to find) or two to speed up the learning curve.

You may not want the liability/headaches that come with being a landlord so rentals may be out of your interest whereas if you are just trying to maximize profits and earn cash in the short-term, selling & flipping could be more your speed.

If you hit a speed bump I’m confident you can overcome it from your statements.

You can get around that by filing a motion for immediate possession if it truly is vacant which will speed the process up. 

Hopefully, some of those homes are still on the new list in mid June and can help speed things up.Ned, I have another question. once you pay the money, is there anything that I need to do that same day?

I was able to pick myself back up and have been doing deals consistently for about a year, just not at the speed I’d like to.

@Michael Swan I just finished your podcast episode and you almost made me regret listening at 1.25x speed. 

Speed at which interest rates have climbed is more of concern that interest rates themselves.

Back in the 1990s, Bill Gates wrote a book about it ("Business @ the Speed of Thought").