If these have been great tenants with zero payment issues for over a year I typically give them a one time "get out of jail" card for a single late payment....one time only.

(Everything says "Self-Reported")However, I see that within last 1 month they have applied for more then 7 credit cards.

Why do syndication sponsors go to all the trouble of working with LPs to incrementally raise funds? 

You probably don't need a partner on your first buy if you play your cards right. 

I shouldn't have complained - we've just raised $1m in equity funding from a proactive investor.

I'd post the link, but the site won't allow it, I see they've raised the price almost $10k.

So maybe that's stacking savings, maybe paying down debt, improving FICO, or maybe it's raising capital, whatever, the details don't matter because there is 101 flavors out there, all that matters is what is your 1-Thing NOW, do that, THAT alone, with fanatical focus like a fat-boy on cake!

Once you stabilize and raise the rents it would be the hope that the property would appraise for more and the owner would refi and get back significant returns.

In any case, we set up the date and time to speak with an attorney at which point he told me that it would be $149 and asked for my credit card information to complete the appointment.

I just landed an internship in a zoning office and I have been doing it all to raise funds to put towards my first investment property.