thanks for your time and helpInvestors Beware: I strongly advise against blindly trusting the data provided by turn-key investment providers.If you're considering investing with any turn key provider, verify every number line by line to avoid costly surprises.

They can both advise you on the pros and cons of each tax strategy.

I would strongly advise against using an app that the tenant picked, especially considering they are only willing to make partial payments.I use a trusted property management tool to collect rent and I never allow partial payments.

Moreover, for someone in your position just starting, it's best advised to partner with an experienced individual to mitigate risk and adequately learn the process.

Please advise on how to accept a colleague request...the 'accept' option isn't showing and 'notifications' does not activate when selected.  

I will definitely get tax advise on what I will be able to deduct before I make a move on this idea.--- Renting to a family can lead to disputes, so a formal lease is essential for professionalism.

So your answer depends on lien priority, and you are advised to learn which liens rank higher and lower in priority (and why); that is beyond what I intended  to post here.The prothonotary should have some way to indicate a lien’s status - whether it is open or satisfied or discharged.

If the lienor failed to follow the statutory requirements to perfect the lien, the title insurer will probably advise the management company of the problem and request they record a release. 

Hi @Juan CastilloGreat advise from @Nathan Gesner, I want to add to his list that you have to learn about BRRRR. 

I do not have enough information to casually advise you as to your best refinancing options.