If you want to invest in out of state, then you need to invest in time to find local people who would run the business for you.Finding house is easy part, but finding good and honest people is the harder in my opinion.

Work great in situations where you can’t get closed on the replacement property in time as well.

So my question is -- what's the typical approach for arriving at a possible purchase value -- as it relates specifically to capturing the NOI in time, especially if it seems to be changing somewhat rapidly?

I had a conversation with a rehabber that told me business is booming for him in the pleasant prairie area.

What are your favorite loan products and LLC strategies to optimize scaling in times of economic uncertainty?

The biggest mistake people make in this situation is not sending the letter of refund (in your case amount they owe) in time. 

I dont care if i can get cash out just want to refi the property in time of the note expiring and lowering the interest rate and amort it over 20-30 years.

Like @Lucas Carl I had VRBO's payment processor alter my payments so I received them right after check-in.@Tim

The city where my college is was at one point in time the furniture capital of the world, but sadly the year before my freshman year one of the worst economic downturns this country has seen since the Great Depression struck, and places where I was calling home were the hardest hit.

These are all questions whose answers will help you chart the way forward ... there is no one size fits all answer.From an operational perspective it is always pleasant to know that your building envelope is relatively efficient (insulated and air sealed); that building systems (electrical, plumbing, HVAC and communications are up-to-date and dependable) and that you have the ability to put accountability for resource consumption in the hands of the tenants.