Don't get me wrong all my properties are appreciating as well (Yes, Texas is one of if not the strongest in that, and if you got the means go for it, but there are other good housing markets with again higher cash margins) as I also didn't get into real estate to loose money over all and my properties are all located in emerging or stable markets. 

$80/hr for any emergency calls outside of the normal business hours of 9am-7pm, with a 2.5 hour minimum charge per visit.Agent Liability.

I repeat to you so read it slowly: You are NOT hiding your assets and no skip tracer is needed - you are placing legal liens against your property or properties to eliminate any equity exposure The LLC is in WY because it has the best protection laws against lawsuits and charging orders The WY llc is NOT doing business in any of the states where you have properties and the liens recorded are simply representing money owed to the WY LLC as would be supported by The operating agreement (so the Wy LLC does not need to register in any other state) The liens from the WY co are to capitalize the entity hence they are legal IOUs and WY llc is a legitimate creditor under the lawNo judge in any federal court can unravel a legitimate lien in this structure or any others - so you are emerging about what you wrote above as if this was the case no lender in this country would extend a loan as a judge could just remove their lien (I hope you get it now!)

Especially with a flip project, there can be many complications that arise, and it's important to have someone in the area that can get to the project regularly to check on progress, deal with emergencies or contractor issues, etc.My advice would be to start somewhere closer to you first until you can get some experience under your belt and become more comfortable, unless you can establish a trusted team in the out-of-state area you want to invest in.

Then and only then can we call the police (non-emergency line of course) and invite them over and then we have a reasonable discussion about it until we all come to a reasonable solution.If we are NOT home then we are supposed to knock on the door, gently of course and if the squatter does not let us into the property that we pay the mortgage on, then we are to calmly leave them alone, and continue paying the gas and electric and water bills and order food in to them three times a day either through Grubhub, Doordash or Postmates.

Your cash out equity gives you an emergency repair fund and maybe enough left over to find a deal in the location where you're moving.

They understand there is a ZERO tolerance policy for any sort of sob story because regardless of how legit of an issue they could encounter that renders them unable to pay the rent, there will be no other choice but for me to handle it as a business transaction because their emergencies do not mean a crisis on my part.  

Dec 3rd 2020I took the CARES forbearance as it was presented as a completely benign "national emergency" special option, that it will be a deferment/modification which doesn't impact my credit at all.

Leverage as long as you have the reserves and emergency funds!

I will try to go conventional or DSCR and then save commercial for emergencies from now on.