You have to get the complete pay off for the mortgage (includes any late fees, interest and any other penalties), you need to find out if there is any other debt on the property (2nd mortgage, IRS liens, unpaid property taxes, mechanics liens, code violation liens etc), you need to determine the ARV of the property.

@Dan Gustavson *1031 (dang auto correct)

Don't use Synovous Mortgage as an out of state investor, they don't accept debit/auto draft payments if they plan on selling your account.

No credit card debt, no auto loan, just cash flowing real estate.  

I have used Progressive for my home and autos online with good results.  

Roofs, driveways, windows and mechanical's are ignored and owners get upset with ME when they go bad.When I started out I asked the "old guys" for advice. 

I often shlepped drywall, auto transmissions, or other items around for friends and family.

You will likely have the comfort of new major mechanicals and lower maintenance, but I'd guess you'll be close to $150/month.

I would advise having an architect and structural engineer look it over and see if the foundation, mechanicals and plumbing were properly built.

Setting up the auto email now, think I can use the do not disturb auto text feature of iPhone.