They can ensure it’s done properly and provide advice on your specific situation.

As an accredited investor you have access to hundreds of new potential syndications every month (and crowdfunding deals which are the same thing except are allowed to market on the Internet).You may want to start off on a site like CrowdStreet or FinResi , where you can view the variety ( different types of asset classes, strategies, stances) and start to come up with your own method for looking at deals (which matches your unique, personal  risk tolerance, financial situation and financial goals).Thanks Ian.

I have consulted with a few attorneys over the past couple years regarding this and have determined that for my own personal situation, umbrella insurance provides sufficient risk mitigation for my situation at this time.

Your property listing can also be a great way to lay out qualifying criteria (i.e credit score minimum, and require a co-signer if lower).After conducting due diligence into a particular tenants situation, and you decided to proceed with an application approval, you could require a higher security deposit. 

The downside is you now have a situation where they make more money the longer it takes to get your house rented. 

My guess is You will need to go through a foreclosure process in this situation as a legal remedy.

I need some perspective on moving forward after this situation with my family. 

Another investor in our mortgage fund wanted to visit every borrower and discuss their personal financial situation with them.  

Right now I am in a unique situation and I have a concern.I want to buy a residential property.

. 💪 As for next steps, I'd focus on stabilizing your cash flow first, especially with the credit card debt situation.