Others are in the camp of staying the course.Ultimately, this is going to result in lawsuits (likely class action) and cost the county far more to defend.

Doesn't mean they give terrible advice but I find it often comes from a place of fear or inexperience and discourages action taking rather than encouraging action taking.  

In the situation where you over leverage yourself (more than you have tolerance for) what do you think the best course of action to take would be?

General comment - its crazy how sensitive ROI/CoC is to interest rates.

The main reason for the suburbs would be that we are sensitive to commute!  

I am always looking, but that is action too.

Do you mind sharing your plan of action?

@Scott Trench Thank you for your insights, this will help me adjust and take action. 

That will help organize your thoughts and actions, are you looking to take advantage of appreciation mostly and are hoping to use low money down and scale with multiple properties appreciating?

Most likely the state where the property is located is where lawsuits would be brought if they are something for personal injury like a trip and fall or something of that nature because the “cause of action” arose in that state.