If let’s say I had a bad car accident in NM and the creditors wanted to come after me and my LLC would I loose Texas charging order protection? 

Hmm . . . my first thought was pet accidents. 

I can tell by your verbiage and questions you are out of comfort zone with this.It's best to follow the advice of your CPA and Attorney.You could ask your tax pro and attorney about:I assume these are both self employed sole proprietorships, vs legal entities (LLC, S-Corp, Corp).If so, why not just DBA and just do the work of both under that name.Sometimes when you shut down (legally wind up) a company you have an unexpected tax hit.To anylize the possible (LARGE or small or nothing) tax consequences, your tax pro might have to do a mock tax return and simulate that happening (and you pay for it), that way you would know if and how much a tax hit closing up would cause.[1]  It's best to follow the advice of your CPA and Attorney.[2]  It's best to follow the advice of your CPA and Attorney.[3]  It's best to follow the advice of your CPA and Attorney.There is also the credit history of both businesses to consider, if they rely on credit, will the credit availability of one business be enough to do the business of both.I don't think anyone online can give you advice that will work out for you without the possibility of great risk.It's best to follow the advice of your CPA and Attorney.Good Luck!

Let's say you get into an accident and your car is 10 years old.

Plus the umbrella kicks in when you’re in a car accident and get sued.

We've gotten 3 realtor leads this way, and sometimes from unexpected places.

I found him by accident; I was new to storage and just cold calling people about listings,  I called his partner about a listing and left a message, this guy called me back and said "that deal's gone, what are you looking for," and off we went. 

Get a job, earn as much as you can each week and save 100% of it until you have about 40% of the typical rental house value as start up money.In the mean time learn by reading.Then you will need 2 years on a full time job or co-signer (with good credit) to get get a loan.Keep your credit good and your lender required ratios in order during this time.When you have the down and the ability to get a loan, you can buy, then rent (with a safety net of personal cash for unexpected problems, such as a bad furnace in January, or a bad roof during the rainy season).Good Luck!

Nothing to get excited about it.I live in a hot market and of course some unexpected bidding war could erupt.

Then add principle, interest, property taxes, insurance (PITI), vacancy, and miscellaneous costs (accountant/tax man including OOS taxes), unexpected utilities (such as for a slab leak, umbrella policy (I divide mine across all units, possibly LLC, office supplies, etc.)).