This is an example where speaking to and communicating with multiple lenders helped me recognize this was weird.

You can also recognize revaluations of assets (appreciation of properties) and changes in accounting policies or corrections of accounting methods.As to your management of accounts, you have a "Chart of Accounts" this is a simple road map of  your accounting system.

If you consistently analyze properties, it will be much easier to recognize a good deal when it shows up.

Please know, I recognize this is an academic discussion (for now) and am just interested in hearing and debating other landlords’ opinions on the matter.

Mark my words, you will lose it if you keep gambling.5.

It's too much of a gamble. 

@Ryan Cleary - I recognize that the media keeps talking about people escaping cities, but I think that's a trend that won't last forever.

That means the court needs to recognize he is not capable, which based on what you say it seems he is not. 

Irvington seems like more of a gamble and speculation at this point.

You can, but the state where the property lies will generally not recognize the unique legal protections offered by your registered state.