After a few candid conversations, they realized they could negotiate slightly higher rents by offering small improvments..things like better loading dock access or upgrading the security features..turning a so-so cash flow into something much healthier.When you break down your family friend’s situation, it might help to consider these angles:Selling and redeploying capitla could open up opportunities in markets where cash flow is a bit juicier.

On one hand, there're a number of legitimate tax deductions, credits, and loopholes that are not well-known.

@Tar-U-Way BrightYou can use the LLC to set up business bank accounts and business credit cards.

The problem in analyzing is we have no idea what Thomas' personal FICO/credit history, assets, vesting type etc.. 

I also have a credit score of 756.

He would also not need any private money lenders to close these transactions -- his bank would be dying to give him a commercial line of credit. 

We also have a PLAN to improve the properties, thus increasing rents and improving cashflow.So, it's important to have a pretty good PLAN about what your goals are!

Our only debts are a 2.875% mortgage with a balance of $124k only paying $897/month on an appraised value of $325k, daily driver car of $370/month, and use a credit card for monthly expenses, but pay the balance off with every pay check.

They can choose to leave and you can both sign an agreement to terminate the tenancy, or, you are going to file for eviction and it will probably wreck their credit. 

.- Financing options: In some European countries, investors also turn to private lenders or lines of credit to expand their portfolio.To scale a portfolio in Europe, a common strategy is to reinvest rental income and refinance properties as their value increases over time.