They probably actually have less debt than most other people, so it is easier for them to make rent payments.The vast majority of bankruptcies are medically related.They have been "through the system" and they don't want to go through that again.

One thing to remember when you are getting into RE investing is to have your team of people or as Brandon Turner from the Bigger Pockets Podcast calls it your CORE 41.

If a HELOC isn’t an option, alternatives like a home equity loan, business line of credit, or a DSCR loan could work depending on your situation.

Too many people do not think ahead and borrow 100k but can only pull out a much smaller number to pay back or have to wait longer then they expect. 

Do you work with any specialty tax firms to help us small business owners get access to R&D tax credits, cost segregation and other specialty tax credits?

I know its mean to say that people who do their own contracts get what they deserve, but you must know that if you are paying a couple hundred thousand dollars for something it just might have been worth spending $600 on a lawyer to do a proper contract for you.

Another thing to add is the regulations, HOAs and Cities are imposing a lot of regulation on short-term rentals or rent by a room, I have seen some HOAs regulate the amount of people authorized to rent the property too.It requires to do a lot of due dilligence to begin with mainly in such big house. 

I've seen a lot of people ask questions regarding loans on manufactured homes, but I didn't quite find what I was looking for when searching.

I've partnered with several contractors over the years (before I got my own license) and it is very normal for the contractor to be paid for materials and labor, even if they are doing the build "at cost"It's complicated and as other have stated, you've gotten yourself in too big of a mess to be sorted out by some people on an internet forum. 

To make taxes easier we set up a business checking account and had all the rent paid into that account and all the expenses paid out of that account.