Then for phase 2 you raise $1.6 million and pay off the phase 1 note holders.2.  

The property was occupied (still is) with 1 tenant that I am now having the exhausting pleasure of evicting. 2yrs later, said tenant continues to try every angle to delay the court granted Marshall’s execution.The “2nd” floor was poorly renovated (bad contractors), new tenant moved in and a year later, another eviction process has started as they lost their job and refuse to move or pay.Stuck with a very large mortgage bill (that I am paying), utilities and making small repairs to keep the property up also noting the casual 311 complaints from both tenants. 

They’re “meaner” than me so they charge late fees (I get 1/2), file pay or quits, and increase rents faster and further than I would.

I'd purchased it on a land contract, paying interest only for the first 5 years, with the ability to extend another 5 years if I'm not able to find favorable financing to refinance within that time period.

He is telling me that it is my responsibility to pay for a new HVAC unit which will run between $7k-$8k.  

Expect to keep paying.

We have taken over LOTS of occupied units with under paying tenants.

However, my portfolio is mostly B2B and the businesses I work with are comfortable paying the nonrefundable fee plus the refundable security deposit. 

Or could I 3 properties flow into one account and pay all expenses from there.  

that money is not the same as cash... you're paying interest on it.but let me know if i am missing something.