Although, eventually we would like to branch out to the Gulf Coast (Gulfport, Biloxi, New Orleans) simply because we fell in love with the area during our time there and still have many ties.

., since there's nothing major that needs to be done (otherwise I would use contractors rather than the tenants)--and then sell it to a local investor for $85,000ish who wants cash flow but doesn't want to go out-of-state or just refinance and keep it as a cash-flowing rental and then use the money from the refinance (or the sale) to, depending on how the market's looking, collect additional cash-flowing properties in the Antelope Valley or simply sit on cash until we have another correction.  

You expressed an interest in wholesaling and as such I added a guide below.https://www.biggerpockets.com/renewsblog/2015/01/31/ultimate-beginners-guide-real-estate-wholesaling-2/ (Ultimate beginners guide to wholesaling)To be more successful, you simply have to work on the other elements to progress your REI pursuit.

Here's what you need to remember about umbrella insurance:Insurance should pay out once a judgement is entered against you.

it is not a quiet title simply because that is the cost I am trying to avoid, and that is why I sell them much cheaper.

Most people believe Calgary is now entering a buyers market so you may be able to pick something up at a discount when your ready.Others often suggest getting others peoples money and using it to invest. 

Or, simply start with a more vanilla note purchase with a defaulted 2nd lien.Hope that helps.Josh

Cypress Park is great-- it's not as known as larger neighborhoods in NELA because it is simply less population.  

You are simply not renewing their month to month tenancy.

utm_source=search&utm_medium=internal&utm_campaign=books (books recommended by BPers)Simply, bone up on the areas that you need to expand knowledge in such as, Forums, Marketplace, Learn, Network, Analyze and Resources.Feast on the Podcasts, #askbp Podcasts, blogs and webinars Lastly, this site thrives on interactions and as such we encourage two way exchanges and look forward to educational and thought provoking ideas relevant to REI.