Here are a few options you might consider:Home Equity Loan or HELOC: If you own another property with sufficient equity, you might be able to take out a home equity loan or a home equity line of credit (HELOC) to cover the $140K.

So, obtain sufficient insurance if you don't have an LLC. 

While it only returns 5.23% currently, it provides a great cushion allowing sufficient time to wait out a crash without having to resort to selling properties at inopportune times - at fire sale prices.5- I keep a large part of my portfolio in high yielding notes secured by real property - and while I want every loan to make payments as agreed, my experience indicates that a certain percentage will default with me owning the property during periods of economic contraction.

I am a local vendor in the TX: Primary areas SA and AUS I am offering my services as a GC (Maintenance, make ready’s and turnovers) vast experience with property management companies.

I am a local vendor in the TX: Primary areas SA and AUS I am offering my services as a GC (Maintenance, make ready’s and turnovers) vast experience with property management companies. 

Unless you have a vast network/sphere of influence to keep you afloat, making money being an agent can be really tough and you can literally go months without a paycheck.If you want to be licensed and learn it while you have a W2 job that's different.  

So the 1% rule which is a unicorn find in San Diego is not sufficient to have positive cash flow at high LTV.  

I would just add that we do a full attorney review of LLC docs prior to closing loans and the vast majority still have issues that need to be fixed/amended (albeit this is a short easy process typically). 

While I have sufficient liquid cash on hand, I prefer to maintain liquidity as I'm actively seeking my next deal.

The vast majority of lawsuits against Landlords are for wrongful eviction, security deposit disputes, and Fair Housing Violations.