If you collect any meaningful amount towards what he owes consider it a win. 

I don’t understand how to structure a deal with another investor so we can both win.

(I know....I know...this is quite a wish)You invoice this tenant for his or her current months rent of $500.00.He or She pays you after winning the lottery $6,000 to pay his or her rent in advance for a year.You receive the tenants payment as you normally would.

Might take one some credit card debt and risk having less than amazing people living next door but at least can rent for around $1300-1600.

I learned SO MUCH on this deal and definitely did not get to take all my money back out, but I consider it a win because I'm cash-flowing $600+/month and was able to take out $112k of the $145k I spent, leaving only $33k in this deal.

I learned SO MUCH on this deal and definitely did not get to take all my money back out, but I consider it a win because I'm cash-flowing $600+/month and was able to take out $112k of the $145k I spent, leaving only $33k in this deal.

Some lenders are offering rates and fees as high as 8k (those seem more ridiculous - although still cheaper overall than what we'd pay to credit card companies OR the personal loan company).

@Courtney Kimbrough credit cards, both business & personalLowes & Home Depot etc accounts to fund refurb( ideally business accounts, they don’t report to personal credit)

And this assumes you win the eviction!

The reason they can't obtain financing (generally) is because they are financially irresponsible.If it's structured correctly, you will win if it falls apart and you'll win if it goes through.