Any open houses or anything to get more buyers looking? 

He eventually lost the house to foreclosure.

I just closed on a house in Summerlin and the renters are basically standing in line for options.

I am always telling people that I buy houses for cash any condition, As well I have a Facebook page that I post weekly to stay relevant and remind people I am looking for houses to buy all the time. 

After you pay out a few of those checks you will have a group of people looking for houses for you that you only have to pay when they are successful.

With $200,000, you might try house hacking or invest in 2-4 unit properties in cheap locations.

Then you've opened Pandoras Box and you instantly have the guys in the HazMat suits with fans and plastic sheets all over.....and a bill for $5000 for something you could have done for $50.I used to do this kind of work on the weekends when the city inspectors weren't driving around :-) haha , one time the hazmat guy come down to check for asbestos checking ; it wasn't that bad it's actually 2k and insurance company for that in my case.( To be honest, the house with water damage is good to buy because it scares the potential buyer, but if it's located in good location we could sometimes purchase the house with 10-30% discount lol but nowadays even FTHB knows this secret too so they still overbid the house )but yeah, to the OP, if you want to be sure you have to cut the drywall, the more the better.

Including your house?  

Buying a house and renting it out is not that hard or complicated.

Focus on cash flow for this house.