You cannot document something that does not exist.

It will depend on Lender if they take Rents from Appraisal (1025) or Rents from your existing Tenants.

Just got the second house in my current partnership!  

Having a long-term rental while living abroad is do-able.Flipping houses while abroad, in my opinion, more difficult, especially if its your first go around with real estate.I would recommend taking a flight and staying in the area for a week and inspect the neighborhoods and make connections.You can reach out to @Elenis Camargo who has a PM company in Jacksonville.Best of luck though.

Zillow says the average price for a house in Little Rock is $215,000.

Hi @Christopher Morris House Hacking is NJ is great way to go. 

I'm a house hacker too, message me if you want to connect 

Cash out refi only if the rental income significantly exceeds the monthly payment and you want liquidity to invest elsewhere.2.You can maybe do a HELOC if you want a smaller loan that doesn’t involve refinancing the entire house.3.

Does this exist in the commercial realm?

Also consider all lenders will require to review your insurance when underwriting a loan and it's likely a violation of your existing loan documents to let the properties go uninsured even if they didn't require insurance escrows.