Despite the extra requirements we had plenty of showing and very little vacancy. 

Like maybe I could pull enough out from heloc on primary residence to pay off debt and then rent out my primary and use the extra cash to payoff heloc and then do another heloc once the original one is paid off.

Using a family address could expose you to unnecessary risks in the event of any legal or financial issues related to the business.Additionally, these virtual offices often provide extra services like mail and package handling, telephone answering services, and access to meeting rooms, making them a more professional and practical solution.

The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!

Finally, of the extra $200k, how much are you putting into operating reserves? 

Chris would tell him I hadn’t sent the money when Chris actually had gotten money for the rehab at closing, plus extra that I sent for change orders (which had not been done).

I know it seems like a tough task, but can you spend a few more months or a year while you continue to learn to really tighten the budget or find ways to earn a little extra to start from a stronger position?

(I’m ignoring any extra cap-x because you said it was a condo, but you’d also add any major cap-x to cost basis).

//End extra detailsI say all that to illustrate how much he seems to thrive on conflict. 

The property will be cash flowing as soon as the remodel is over and has space for one large extra unit on the lot or two small units on the lot.