"What do you need to move on from this property" "If I can help you by allowing you to move only what you want, not perform any repairs, not have to worry about the lawn/pool/snow removal, etc what would you take for a cash offer" IMHO once someone moves out there is always going to be a need to do paint and flooring to get it in shape to sell to a retail buyer.

Home Depot offers project loans up to $55k at 8% with an 18 month term (long enough to fix the place and refinance) that could be used for materials and installation if performed by Home Depot installers.

@Christopher Neil For retirement funds I like the idea of lending, performing notes, or JV on deals where you provide the capital and the JV provides the work.

You'll probably be buying an older home in a B or C neighborhood, those tend to perform the best.

Performing notes can be easier to acquire and manage, but with a lower return versus non-performing and even in those there are other sub-categories. 

If it's not, you get some cash, and you still own your performing building.Good Luck!

Past performance is no guarantee of future returns...While they paid in the past, something may have happened to change their capacity to continue that practice. 

.$60k-$100k asset value50%-60% remaining on noteC & B class neighborhoods.I realize most people here are into NPNs, but I'm curious about what people look for as far as performing note rates go. 

Resident agrees that if he/she has falsified any statement in the rental application, Management has the right to terminate this Agreement immediately and further agrees that Management shall be entitled to retain any performance fee and any prepaid rents as fair and just liquidated damages."

You haven’t given us enough information about the property’s performance as a rental.