Communication with the tenants is key.

AS noted we have two small positions and communication is very good reports are on time K 1s are on time.. of course we will see how it all ends up .. but for day to day operations compared to the horror stories you are hearing about other syndicators they are doing very well.Thanks!

Quote from @Roni Williams: Their communication is non existent.

They've been avoidant, unwillingly to communicate with us/disclose their names in the beginning, and hid whenever they saw my mom.

You probably had a gut feeling when you first approved her, but you hoped it would work out.Stop communicating with her.

I'm going to take your comments about the communication to heart. 

We communicate mostly via text msg.

You will often see this with their scheduling, communication, and even finances (asking to be paid ahead of schedule).

Simple answer - yes you can alter your funding source after putting it under agreement if you chose to use a hard money lender instead - i would just communicate with seller that hey I was going to use cash (assuming you have it from your heloc) and instead will finance some of it but let them know its not contingent on financing.

We communicate almost everyday.