Side note, The calendar can get tricky to work out inspections, appraisers and closing dates as the home may have guests.

A HELOC usually has a due date of 10 years to repay it.

The company would put lien on your home and it's going to be difficult to sell your home at a later date, slow down the escrow.

When I see a property starting to underperform, as the manager I have to run the data to figure out why and then make adjustments whether is lack of amenities, need updated photos, replace a couple pieces of dated furniture or increase my focus on advertising that property specifically.

Just make sure they won’t place a lien on your company.Equity Partner: Consider bringing in an equity partner to help with the $300K down payment in exchange for a share of the property.Renegotiate Terms: Try to renegotiate the closing date or lower the down payment amount.

It is part of a larger building and I am not able to assess whether it is in some way a condo, and if so, are they up to date with any fees. 

Odds are that the changes needed are not likely to help one get near to the Pro Forma goal/wishes.As an LP, I'd want to know if we were going into the closing w/o the full raise, and for sure to be kept up to date on the plan to resolve the shortfall asap.

There doesn't seem to be enough information to support that.If you purchase a property but then spend 4 months rehabbing it before its first occupancy, your depreciation starts from the date it's placed in service (first occupied) not the purchase date.

Consult a Real Estate Attorney: Given the proximity to the closing date, consulting a real estate attorney may help you navigate any legal implications and ensure your interests are protected.4.

I also file a 30 day notice if they don't commit to renewing their lease between 30 and 60 days from the lease's termination date.