I'll give you 10 to 1 odds the property you want gets postponed.

Currently I'm trying to get all my ducks in a row such as entity formation, talking with realtors/property managers about fine tuning my niche market and, of course, furthering my knowledge base, but I'm worried I'm gonna make myself too busy with all that stuff and postpone actually finding and executing a deal to start creating some income.

Like 30% of properties get postponed, another 30-40% are bought back by the bank holding the mortgage (these usually get listed on MLS) and the rest are sold to investors.

@P.Martin this isn't lowering my income, it is postponing if for one month to put it into the next tax year.

The IRS rationale for the constructive receipt doctrine is that the income is available to you and therefore you cannot postpone the income recognition.

I have some tenants who believe the 5 day grace period before late fee is added is a rule and that they should postpone up to the day before the late fee almost every month and mowing is not their top priority, but I guess if that is the worst I get, I'll be happy.I hadn't really considered M2M leasing agreements for ease of removing "non-performing tenants" (did I just coin a new phrase??)

I would say extending the lease amounts to postponing the issue, even if she pays more rent. 

Someone who is a bankruptcy waiting to happen, can not only postpone your ability to kick them out - but then they can file bankruptcy on any money they owe you.Plus, if you jump through all these hoops for these tenants, how will you explain to fair housing why you don't do it for everyone?  

I'm pretty sure being in the military there are certain programs that you bank offers allowing you to postpone payments as active military.

Also, if you keep them in the apartment you can at least postpone a possible major rehab job.