the property’s rehabilitation is scheduled for completion in 2025 and the rent will subsequently increase, can I proceed with a cash-out refinance based on the current rent roll?

. --- Who gets all the phone calls and wastes time calming a tenant down because the owner's contractor doesn't show up as scheduled after they took time off from work or a 3 day job takes 3 weeks?

However, at this point I would give them their pay or quit notice and then mid January if they don't pay in full as promised I would be ready to proceed to schedule the court date. 

Maybe I'll make a policy to schedule all our leases to end in a spring/summer month range. 

- Yes, it does take more time to schedule this:(--- Our FieldTechs do have sets of locks our locksmith has pre-keyed, so we can "rekey" a property faster.

Meet with a local banker & schedule a time to talk with a mortgage broker, they'll give you at least a baseline of what kind of down payment options and rates are out there.After that, if you're still wanting to research more creative options, do some looking into seller financing (a very hot topic with good, and bad, advice out there), look into private lenders, and commercial financing options.If you're wanting to live in 1/4 of your quadplex, then conventional residential loans may in fact be your best option as you can purchase that with a fannie/freddy loan with very low down, and use up to 75% of the income from the property toward your own income. 

So I am at the mercy of that person for basically EVERYTHING.I am still waiting on that payoff amount 9 days later and am up against a clock where they have scheduled the home for sale at auction come March.

That comment also seemed to imply that you don't report the rental on Schedule E if you have an LLC, but that's not correct, with a single member LLC it still goes on Schedule E."

If you provide any kind of substantial services like catering, car service, etc you will change you tax situation and no longer can file under Schedule E.

I am going to schedule another meetup, beginning in September. however the last one only had a few people, and they only work if we have good participation.