Most of my experience is fixing and flipping, so any guidance would be appreciated.

So Im assuming even contacting the 1st is a waste of time, as they can get full payoff at FC sale, and its the 2nd (Mr Cooper/Fannie) that is needed to be shorted as they show the value $200k less than what they are owed.Any suggestions on how to do this is appreciated, really just need the 2nd to take a short.

I appreciate the detailed suggestions and personal experiences you shared.

I really appreciate any advice from the investor thinking side of things.

Please, any help will be appreciated. 

I really appreciate it!

Any information on this topic would be appreciated.

My opinion for those that live in a high cost of living market is to continue living / renting in that market and invest in a different market that is affordable and provides both cash-flow and appreciation potential.The reason to stay in the HCOL market is because you will be paid(hopefully) a nice large salary.You can take this salary to then 'easily' invest in other markets.NYC is tenant friendly which can be a con for investors.Furthermore, NYC has appreciated historically.

Exact is the opposite of the goal...buy in growing areas and add enough value (force appreciation) where precision of execution, management, or valuation is not needed/relevant.

You are in TX so you have the ability to buy decent turnkey new builds in San Antonio right now, with less cash flow up front, but hopefully scalable appreciation.