Regarding insurance adding additional umbrella insurance is great idea. 

Additionally, the fact you might be negative cash flow in Texas will give you more flexibility by renting in Portland.  

From a tax standpoint, there are additional disclosures to make when selling a business asset for less than fair market value to a related third party. 

JobsOhio projects that, indirectly, approximately 4,500 additional jobs will be created by 2035, further amplifying this effect.Implications for Real Estate DemandThe substantial increase in the workforce will drive demand for both rental and owner-occupied housing.

Despite no additional renovations being necessary, our efficient strategy and swift turnaround led to a same-day sale at $225,000.

Additionally, Mr.

I work almost exclusively with investors and a lot of times, out-of-state investors.

Any additional will be refunded a few weeks after the auction. 

In addition I heard that is better having one LLC for each property and one for management only.

Quote from @Zach Howard: Quote from @V.G Jason: Quote from @Zach Howard: @V.G JasonTo someone just starting out (only option of OOS) who can get access to 200k, but no additional financing at this time but an additional 50-100k max in reserve cash, where might you recommend they start - markets/property type/strategy?