I think you would want your family to have access to money as well since there are payments due and a lot of money might be tied up in probate (this could create an issue) - life insurance and/or a shared business account could allow for payments to be made until the regular accounts are easily accessible 

During the pandemic, my voucher tenants kept our properties whole and we didn't have the massive non-payment issues that many experienced.  

There is less of a service charge for the link, than the invoice.What are your thoughts on taking the payment by Card?

Our monthly rental payment from the tenant was actually less than our monthly mortgage payment plus we did about 10k of repairs plus depreciation.

Never take partial payments or it resets your eviction. 

So my counter-offer was that I would pay them a small down payment, and have a contract saying that I must pay them in full within 18 months.

I am a 16 year old planning to form an LLC under my parents name in order to qualify for business credit to cover the down payment on my first investment property I will also pair the business credit I am able to qualify for with cash and refinance to pay off the down payment when the interest starts to kick in but I am wondering if when applying for a FHA loan on an investment property if they require income to qualify or if they will accept it because I will be renting and covering the mortgage with the rent and how that all works when qualifying and if this is even possible. 

I had to cancel my debit card before they initiated payment because I knew if they initiated payment I'd never see it again.

I refinanced the property around five years ago to help with the down payment for my primary residence.

The funds you have to be a down payment and some for rehab to rent the property.