They aggressively de-lever to not only create more cash flow without having to buy more assets, but also because they are starting to think about estate planning and how to efficiently create a very comfortable life for their kids.Lots of debt, long term debt or no debt are all right answers.  

Or read the presentation here.

Or we would have investor meetings in the evening that I would give a presentation of the status of the project and I would have 20 to 30 couples but even with that they wanted the GP there.. and the GP left me hanging one night and the investors went bat sheeet crazy.. there I was in the firing line..I know that was then and now is now and its not how business is done anymore..

Also, you don't have to be physically present/so close to self-manage. 

To make matters worse his general contractor was not present to provide professional reassurances regarding the work plan.

Did your lender present you any options for continuing forward or you simply can't get approved for a loan without being a permanent employee?

Anything $2500 or below can be deductible via de minimis safe harbor.Higher expenses need to be capitalized.You can also do a Cost Segragation Study to capitalize some items quicker based on life expectancy. 

I am also a fan of leverage, but not over leverage and I presented loan option other than heloc for long term debt (due to variable heloc rates).

A co-worker told me of a house being auctioned on his street (a cul-de-sac). 

PLEASE NOTE: I want to sell by mid-October and with current market volatility, considering renting for a year if necessary and listening as Rent/Sell.Upsides to RentingLuxury condo that presents well, in a growing neighborhood that should appreciate well.3.375% 30 year fixedWilling to hold long termDownsides to RentingNon homestead taxes will be 14K Annually!