He'll likely be paying, one way or another for a very long time.Another issue, a guy put a home under contract, it was accepted that he would get possession prior to closing.

Get recommendations is the #1 thing to do . . . that is why connecting with other local investors (REIGs, BP, etc.) is critical BEFORE you take possession of the property. 

During October, we started eviction for the tenant and we took possession of the house about a week ago.

Once it was in your possession, what you really received, was cash in the form of equity, and it represented what you spent on the property in cash.3 - Why are you losing money of free money? 

One of the tenants had his uncle staying with him after a separation, he must have started staying there right before we closed and took possession.

Unfortunately, I do not possess the personal capital required to fund loans myself.

As stated in the signed lease under section 41 you are not to have excessive possessions outside the unit.

discuss "subject to"Q. consider lease option or straight option with possession? 

My argument would be that it is a verbal lease as confirmed by their possessions being left there, regardless of the written lease for the apartment.If you don't pay back the deposit during the statutory timeline, that will depend on your local laws/ordinances.

We will reach out to the banks to check if we are able to already do this (perhaps apply for a TIN) or if we have to wait until I am in possession of a SSN.