Call the credit card company, and let them know the situation.

I’m writing to get general thoughts on this situation.

Quote from @Danny Gonzalez: @Joshua Lanzieri  I’d recommend hopping on a call with your property manager as soon as possible to clarify the situation.

And yes this is a 1 in 1000 situation but plenty of other disasters could happen and having the right insurance policy is huge to protecting down side risk. 

When I looked into IRA accounts, I found that it didn't do service to my situation.

And because I'm looking for a long term finance situation, I'm not looking for a loan that is going to have a really high interest rate, with hopes of refinancing later.

.🤝 A Place for BothHere's the thing - it's not really an either/or situation.

In most situations, the more profitable a property is, the higher percentage the GP is paid.

Qualified Joint Venture reporting is not available in this situation.

You can present an offer that aligns with your financial goals, but be prepared to walk away if the seller won’t negotiate to a price that ensures you’re not left in a tough financial situation.