For additional context, here’s a snapshot of our financial situation:We’re paying the mortgage on our primary residence.We have one car with ongoing payments.I anticipate it could take up to three months to find a new job.I’ve already applied for unemployment benefits (in PA) and am waiting for approval.I’d greatly appreciate any advice or insights.

Some background on me - I went to college with a degree I thought I was gonna use, thought I wanted to apply to PT school, but soon after I graduated I had a massive change of heart and decided that I no longer wanted to pursue that route anymore because I felt my future was so much brighter than to be stuck working day and night in that kind of profession.

It does not apply to someone in the early stages of their wealth building journey.

Selling point was the old lady won't be there forever, and I'll get a great increase and stabilization laws won't apply after she's gone.

Well this will apply to your RE LLCs…A new law was passed back in 2020 which has not been on the radar for most business owners.

Apply it fairly, but stick to it.

Stamping a promissory note with for deposit only - no recourse, then applying initials or a signature of anyone but the note originator, and depositing it into a DDA account, also is a felony and renders the contract void.  

Yesterday, I applied for a loan through a couple program approved lenders and an investment friendly lender recommended by bigger pockets.

Any excess proceeds not applied to the investment portion may be taxable as "boot."

You're definitely in a unique situation, but there are some SOPs that apply here. #1, know your guest avatar.