Best bet is to establish a heloc if you intend to borrow funds short term.

It sounds like you're ahead of the game here because you're focusing on your local market, which certainly makes things much easier. 

Excited to learn all things REI wise and continue building our portfolio and establish professional connections! 

Having an agent (who's on top of their game) and who you mutually respect/get along with well, is there to reply immediately and provide you value.

The KEY AT THIS POINT IS ESTABLISHING COMMUNICATION with the tenant because a great option could be cash for keys as @Sean McKee mentioned, but you can't do that without having a conversation.During these challenging times I try to remind myself that the tenant is obviously going through some seriously challenging times and no matter what landlord problems are still "good problems" to have...

Hello,My wife and I have been seeking a business line of credit to help us out with paying some debt we've accumulated through our real estate investing and to help with establishing some capital. 

As for why the way it was explained to me it seemed feasible to do, even this late in the game. 

With current rates, inventory and demand you may have to bring a little extra down payment.But real estate investing is not a great cash flow play, it's more a net worth game.

You develop a team by establishing real friendships, relationships, and trust with locals that you get to know in person.

I'd like to thank Brandon Turner for his successful efforts in establishing a community for would-be and aspiring real estate investors.