I really like the points benefit I get from those credit cards (i.e.

NICE GUY" and if necessary, you can and will take different routes. maybe offer $50 gift card for the inconvenience and keep things in good term but you should stay firm and sound more entitled. 

A simple explanation is DSCR is to finance the property based on the income or projected income of the property and a HELOC is like a credit card that will be given to you base of the equity of the house you are putting as collateral. 2 diffrent products consulting with a good mortgage broker that will provide you the information depending on your needs.

His family says he has money and they have his debit card and want to pay back two months… doesn’t sound legal.

It's no different than a credit card in my mind.

ACH payments by their nature take a few days to know if it actually clears (you can know faster for credit card payments). 7-10 days I'm guessing is something like this:2-3 business days Tenant -> Zillow2-3 business days Zillow -> LandlordSo in summary, you'd almost surely know within a couple days if the tenant sends a bogus payment, even if you don't get it into your bank account until later.

It usually doesn't have a happy ending for those affected and/or inflicted by such.When the cards come tumbling down, the Pied Piper is often on to pumping the next big thing, while leaving a wake of stress and financial destruction behind.Long term, the Smokies are an EXCELLENT investment for most.  

Lastly, we like to include a $10-15 gift card to Starbucks or Chick-fil-a.I would verbally discuss the options you plan on presenting, following that up with an email outlining the details of the options.

Oh maxed out credit cards and decrease in savings.

I'd be looking for meetup groups of investors and start handing out business cards that say you are an investor looking for private deals to contribute to. sometimes its just 3-5 investors on a small house/STR