I encourage you to get involved, ask questions, be open to feedback, and allow other seasoned investors to help guide you along your journey of Real Estate Investing.Best of Luck!

I set up my team there, and the passive income will replace my full-time income shortly.The best part - in the last few years, I adopted a newer investment strategy that allowed me to buy many more properties every year, without leveraging my funds and also helped me lower PITI, and increase net cash flow.    

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is likely to be higher, then you may consider an umbrella insurance policy.

This home is now a rent by room rental, creating significantly larger cashflow and allowing me to sleep on the couch when I visit Austin every few weeks.

As accountants on BP, we are not allowed to self-promote.

Many of the lenders will not even allow us to say power of sale anywhere on the listing yet when owned by a bank or trust company then it is usually a power of sale and they usually sell for less due to poor condition of the home. 

This allowed an analyst sitting in Charleston to feel confident about suggesting an offer on a home in Kansas City, site unseen.

Any particular advice or homework we should do to make sure this is feasible and judicious aside from ensuring zoning laws will allow this?

It will allow you to collect much higher rents. 

Holding back that much will help encourage them to finish or allow you to hire GC #2.