Would you be ok if you had to pay two mortgages for 3 or 4 months if the renter stopped paying and you had do an eviction?   

Please guide me on steps I can take to stop this madness.  

Bakersfield is also massive with nothing naturally stopping outward sprawl.

Extensions on downspouts 10 ft away from the building, grade the surface to slope away from the foundation at least 6 inches in 4 feet, provide positive surface drainage around the structure, and finally stop irrigating landscaping within 10 ft of the structure.

Personally a cash-out refi could help me get more quickly into all-cash BRRRs or a REI venture in Spain, however I don't know to what extent this is at the expense of rental cash flows, and what is the wiser decision long term.I've combed through posts online and looked for Excel templates to run some calcs and get a sense, but nothing really filled the void... 

I know for certain there are professional PM's that stopped listing on VRBO a few years back when they changed their policies, but I don't know those PM's well enough to get the relevant data.My first inclination was "I need 5% or more increase in occupancy to make it worthwhile".

@Seth Todd there is absolutely nothing the requires price appreciation and rent growth to stop simply because they have been ongoing for any period of time.

Cash flow for sure, but we have to stop making OOS investing sound so easy. 

Are you still currently doing these type of ventures in Colorado?

I imagined I needed to generate some sort of statement for him to write-off the interest on the bridge loan and figured I probably needed a statement form to reflect the proceeds from the joint venture flip.