I have been reading more and more about this and am trying to get a better grip on understanding it.

Money would go to a lot of cosmetic enhancements))Current average rent per unit: $655  (NOI*2/12months/18units)Raise rents 10% to $720/unit averageNew Gross Income: $155,520Expenses (previous plus $3,000 ?)

Not one time has the existence of my license even entered into the conversation except that I disclose it in my PPMs (which, by the way, does nothing but enhance my credibility).Off-topic, but since it was mentioned several times above, I don't take commissions on my multifamily acquisitions. 

There have been changes over the past year to comply with new regulations and a there are a few enhancements.

In terms if the liens, I've got a pretty good grip on where to start off with.

.- get a grip, man  You are wound a little too tight for this easy going message board.  

Crazy,,, you need a better grasp of accounting... any payment goes towards arrears.. so any rent that you credited towards June should have been towards May's balance..Simply give them another pay or quit,, NOT 30 day's it's your state landlord laws you should check.. but 3 days is the usual.. if no payment you file usually by the 7th for eviction.They have you wrapped around their pinkie and you need to get a better grip and take charge of your bookkeeping methods and confronting people that owe you money..

People in foreclosure get a grip of mail.

Don't let fear grip you.

versus the additional rent you can earn both from the enlarged lower unit and the enhanced (with a deck) upper unit.