So selling seems the obvious choice as cash flow is tenuous at best.With that in mind, it sounds like this would be a great first listing when you get licensed up, putting a few more dollars in your pocket.However, before you do anything, consult with a good mortgage lender to verify the no rental clause (which I've never heard of) and make sure your ongoing strategy is going to work for your rinse-and-repeat method.Also, I don't understand what you mean by getting off the loan to refinance.  

The quiet title action is used as a legal instrument once the tax title deed is issued to then clear any title defects that may still appear in the "chain of title" that are attached to and encumbering the property from the former owner or other creditors.If the point is to get around the due process rights of an individual during the redemption period, I would be extremely cautious and consult an attorney in the proper jurisdiction as to whether what one is attempting to do is even legal.

Always consult a professional if you need help.For cash purchases, there are two ways to get your cash out using conventional loan (those sold to Fannie).

Account Closed, if it's that good of a deal then consult a cpa on your own.  

Great question and unique scenario, I'd likely consult a foreclosure attorney on this one.

Be careful, consult a local real estate specializing attorney to draw up the documents. 

By profession, I am a management consultant and currently consult IT and marketing companies to improve their project management capability and deliver programs & projects.

Consult with a CPA of course, but I don't provide daily services such as breakfast or housekeeping, so as far as we're concerned it's passive.

It's difficult to monitor when you live more than an hour away.

After consulting with the BP community, an attorney, and my agent, I decided that it would be best to walk away from the "deal."