There is a 4th unit that should rent for another $1500-$2000 but it has been empty for a fairly long time as they overpriced it a bit.

That is how Realtors board maintain their monopolies - requiring you to belong.Good luck and interview prospective brokers carefully.

While I'm fairly certain that is above any repair limit you might have set with the PM, I'm also fairly certain that it qualifies as something the PM knows must be fixed immediately whether you authorize the dollar amount or not.

SF's are often pretty well maintained.

The house is fairly clean with no major structural issues.

This worked fairly well, I was buying REO's renovating them and putting S8 tenants in the units with average return from 17 to 25% cash on cash return.

Getting a license is fairly easy and not that expensive.

In fact the homes on both sides of this property do.Its a fairly large house 3 bdr 1.5 bath on the upper levels. 1600sfThe basement has a .5 bath and is about 900sfIs anyone familiar with the process for doing this?

Account Closed to assign an REO you can do one of two things.You could set up an LLC or Corp and contract in your company's name...when you find a buyer you would sell your Corp or LLC to your end buyer through a Corp resolution.OrYou could create a land trust which is fairly simple to create and contract with the land trust you created and simply relinquish your control of the trust to your end buyerAnd of course you could do a double close but either way you would have to have an LLC set up.

Unless you have some fairly ignorant buyers, it's difficult to wholesale off the MLS, as everyone else is already looking at them, and most will have resale time restrictions.