We have houses in 3 counties around RIchmond so we are constantly monitoring the market.

Will allow you to handle flipsIt does so much that it is worth its weight in gold.  

Yes asset protection, but you need to weight the burdens vs risk.

The income of the borrower is given much less weight (if any) on the lending.

Or, since you are out of state, a wireless cell service router such as Verizon, and a camera, and monitor from where you are.

It also allows you to run cashflow reports so you can monitor your overall cashflow across all properties.

They monitor the meters remotely, and send you and the resident a statement on the 1st of each month with the resident’s W/S/T usage and charges for the previous month.I use their Model TSN1 - PVC Meter which currently costs $95 each.Each building also needs at least one router which currently costs $195.If you have your meters in a centralized location, you only need one router but if the meters are scattered throughout the building, you may need multiple .There’s a monthly $6 fee per unit for the monitoring and invoicing.If you decide to give it a try, feel free to use discount code msam10 for a 10% discount.If you have any questions or comments feel free to reach out to me directly.And if you need to buy a building to put Sub-Meters in, I’m happy to chat about that as well

This has left me with about ~$80K real net worth mostly in weighted index funds and money market funds.

Continuously monitor and adjust your strategy: Keep track of your expenses, rental income, and overall investment performance to make informed decisions and optimize your house hacking strategy over time.

The way the market is right now with higher cost of capital is local banks and credit unions are much more likely to be monitoring loans that fall out of compliance and calling them due.