Apparently, the person I am under contract with was managing the estate of the actual owner who recently died.  

@Dan Groveyes, go to meetups (real estate or business) and meet people in person and build a networkbut... no offense... i don't think funding an entry fee in second position is a particularly compelling investment

Ask your employer if you can have your pay split up into three deposits, one to investments savings, one to your checking account for personal use on a daily basis, and one to an emergency account you can tap into so you don't have to tap into your investment savings.

Atlanta MSA is great and growing, but Multi-Family supply coming on line there both now and through next year is significant, wouldn't this be a better/cheaper deal 1 year from now?

I used a personal line of credit of $8k to invest.

Try to make your messages more personalized to avoid getting blocked again.You can email [email protected] with any  help you  need, too. 

This is dependent on your personal situation and strategy.

Yea this is a long-term personal play more than a strict STR deal. 

K1s show your share of income or losses from the partnership, and you include it on your respective personal tax returns.Now, to your partners.

Personally that's why I like to sell such tenant buyers a 1yr extension, or at least present such.