The Mortgagee is only entitled to the sums due under the note.  

@Mike Hanson - speaking personally, I would first and foremost not make such a large investment in condominiums in general.

If nothing else, you should be entitled to a copy of the credit report with written explanation as to why you were rejected.good luck

I know several agents that I will reach out to and my husband is getting ready for his real estate test as we speak to assist in this area.

At this time I don't have a lot to 'bring to the table' so to speak and don't think it would be in good taste to just show up to one and immediately start pitching financing options for my goals.

Post a 24-hour notice to inspect/repair and you are entitled to go in. 

I can't really speak from experience with out of state marketing, but I don't see any reason why that wouldn't work out just as well as if you were marketing locally. 

Lots of great advice already provided, my only addition is that you speak to your tenant to find out his intentions. 

@Jon VillaIf you think direct mail is the way you want to go, you might want to speak with @Jerry Puckett.

Get on the phone and/or visit your local lenders for a face to face and you find yourself immersed in so much financial speak that you need a recorder to take notes.As for the other parts of my "team" contractors are a slow and growing process as is having a very good reliable agent that also understands my criteria ( everyone's different ) and also meshes with my personality.The latter is one that I see is more of a challenge for several in this forum.