IE: get signed purchase agreement, contact title company, pay-off tax lien, secure title and then close with cashier check at the title company?

Using our whole-tailing approach, we secured the property under contract and pre-listed it to attract buyers.

Leveraging Jamie's local market knowledge, we secured the property for $218,000.

That should fix your cash flow issue while also giving you a bit more security, since you're not counting on a single lease anymore.

The IRS also says “you can choose to treat any debt secured by your qualified home as not secured by the home.”So... this leads to interest tracing rules which are not complicated but it begs more questions-What's the land for?

Be sure and send them a final accounting including the security deposit to any forwarding or last known address. 

Would someone be able to fill me on in what is required with regard to bank accounts in the state of NC for holding a tenant's security deposit? 

Since the start of the year, I've read a handful of BP books:- Rental Property Investing (Brandon Turner)- How to Invest in Real Estate (Brandon Turner/Josh Dorkin)- Investing in Real Estate with No (and Low) Money Down (Brandon Turner)- BRRRR (David Greene)- Multifamily Millionaire Volume 1 (Brandon Turner/Brian Murray)- Start with Strategy (Dave Meyer), currently readingI was thinking of using the equity to BRRRR small multifamily properties and combine some concepts from both the BRRRR and Multifamily Millionaire books (specifically making cash offers via HELOC to secure distressed properties, ideally vacant to set market rents).

Sara maintains a California business bank account and secures financing in California for the LLC’s Texas investments.

I believe that this is what led me to develop the work ethic I have and develop an appreciation for financial security.