Over the years I've also noticed some issues in those areas and others. 

If you are in a high equity position, low cash flow, why get into anymore debt to be in a negative cash flow position? 

The majority will most likely want an equity position in the deal, and since wouldn't have an active role I'd be getting into a syndication rather than just a JV.

Monthly cash flow is positive. 

I have a pretty large capital ready to step into this game,I am in big conflicts either choosing Ohio(Cincinnati/Dayton) or Texas(Houston) for BRRRR method, I read a lot about Ohio, only positive stuff.

Initial negative equity position is $50k. $50k / $250 (cash flow) = 200 months (16 years) to recover the negative position.  

Plus I feel confident that any mortgage company will send you a notice telling you to get insurance.

Buy quality properties in strong submarkets, finance with low leverage, bulk up on cash reserves, diversify geographically, and you'll be positioned to survive whatever the economy throws at you.

While it may not be able to answer technical questions accurately like the number of days for a notice of default, it can educate you on the general steps involved and common pitfalls landlords make.Best of luck!

Quote from @Sebastian Bennett: @Jonathan Karas Did you notice Rad's social media presence appears to have gone away?