I think having access to the MLS would really help because from what I understand there are a lot of tools you can utilize like seeing average days on market, seeing comparable sales, and a lot more I'm sure.

This will help you to understand what is the true price for property.

I really interested in understand the rental market here, making connections and finding deals.My goal has been to buy 1 property a year, but as you can tell, I am way off track.If anyone has experience in Tampa Bay/St Pete, I could really use your help!

Does not make them a scammer just poor choice of assets and probably not nearly experienced enough in the asset class to understand what they are really like or what they are doing.. as they are brand new to the space.

I can't understand why we don't just put the property back on the market so I start asking more questions.  

Hi Leo - I don't really understand the question - those categories are always there.

I guess to understand fully, what type of tax returns were filed and what does the deed actually read in terms of ownership. 

@Bill WilliamsNew Mexico is one of about 9 states that has a Community Property right between married couples, which includes ( as I understand it), as stated previously, the home acquired prior to marriage belongs to the individual, not both of you; hence she would have the freedom to sell or mortgage that home anytime, without your consent involved.Any income earned from such a separate property belongs to the individual, but if you choose to share bank accounts and 'commingle' funds, and the house is sold, those proceeds placed into a joint account become community i.e. both of your funds.Community property is acquired by either spouse during marriage, and selling or  encumbrance requires both of your signatures.  

Newbie here that would like to better understand financing options.

Save yourself time and money, understand how to properly value a deal (which includes assessing the risk as well), keep it simple in the beginning.