Best decision I ever made. they went on to basically lose the portfolio as 2 steps one back.. theft  non pay trashed units.. simply not a sustainable model.I then switched to no debt A class only takes a few of those to hit that magic 10k a month NET cash flow with basically zero drama.. and only a handful of props  to manage  .. owing 50 houses has major work load if they are section 8.. 

Agency debt is mostly teaser stuff that very few people qualify for, so I'll not mention those rates in this post. 

Have them add you as an "authorized user" to their credit card account, then lock it away.

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.

You need to account for debt paydown, tax benefits, and depreciation as well.  2.

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

Eliminate debt, establish a budget, and save.

Lookup UDFI (unrelated debt financed income)  as well as non-recourse loans as both will come into play.

A backup plan may include renting or refinancing the debt.