The idea is it’s a signed document from the tenant saying they pay $$ per month and have $$ in deposits.

This will keep things cleaner for bookkeeping and for when tax time comes around.

Is your DSCR ratio greater than 1-meaning are you cash flowing (according to the lender's criteria of mortgage, property taxes and insurance (and HOA) if applicable).

However, I would be more concerned about creating more taxes.  

Pay: QBO because it has "class" features. 

I recommend you contact them and try to negotiate a settlement and pay it off.

Are this funds taxable, do I have to declare them as extra income on my taxes.

You and your husband are in a great position, either way, it's a great financial upside.I'd suggest reaching out to your CPA about what your tax liability would be if you sold.

As of now, with estimating every house at 75K ( I figured high) with the interest at 7.5%, paying all taxes, muni fees, waste fees, and the salary of the manager at 35K a year, I would be netting 6K a month with the current layout.

@Badri MalynurThere are 100’s of funds that start at $10 or $100 now and do not require to be accreditedI am also not a fan at all of the fund of funds / customizable model as when the deal goes bad you are several levels from the sponsor and just paying a middle person fees that are not needed