Long winded way of getting back to my question – I work about 70-80 hours a week in the city, so managing a property would be almost impossible (especially to do it the right way).

One didn't make your list.1) I see people all the time raising money for real estate deals but they call it a partnership either because they are ignorant of the law or they are trying to avoid paying for all the legal work. 

Anyway makes following the discussion almost impossible like a book with the chapters all switched up.

My Advice is that it is almost impossible to cash-flow any investment property by paying $0 down.Many people have to invest 30% to 40% down to cash-flow on a property.It is no big deal that you lost $20,000 in valuation on the property.

I no longer have any legal liability, nor do I have to sign a personal guarantee for loans, etc.

What’s the legal way to get it towed?

Impossible to provide specifics to provide a meaningful response.

Possible in some, impossible in others. 

Its not impossible but it will require a lot of effort.

Solid booked is virtually impossible, as you will always have a few oddball windows between guests.