Then you could get a HELOC on your primary to use for emergencies.

The contract is really short and doesn't address emergencies at all.  

@Jehanzeb Beg 2 days isn't a lot of time on no emergency info.

Hello BP community! My family and I live in NELA (Highland Park/Eagle Rock) and we had an unpermitted ADU in our backyard.  After attempts to get it approved as legal were denied, we demolished the existing structure ...

Once you find a market, work diligently as building your team as well.https://www.biggerpockets.com/member-blogs/10145/83188-finding-emerging-markets

Hey All,I have my first electrical emergency – tenant has lost power in about half the apartment.Recommendations for a great and FAIR electrician?

Turns a true emergency to something urgent but manageable.As well, I very much agree with the comments that the installer is at least (if not more) as important as the equipment.

So I guess the high rents in Boston for the 50 years before air b n b, was the market pricing in the expectation that air b n b would some day emerge and put pressure on available units for rent?

As an out of state investor, you WILL get ripped off in the Memphis market paying 30-50% more on every transaction and where the management company counts on emergencies due to their negligence in monitoring tenants, properties, repairs, etc. 

You could 1031 exchange to invest in another emerging market that you could get greater cash flow and force more appreciation.