It will do this without loosing energy that was used to heat and cool the house. 3.

As stated, professionally and respectfully let them know they are legally bound to the term of their lease and you will let them terminate early IF/when you get a new tenant to sign a new lease.

They will accelerate your future success as an investor.Always get every single plan and agreement with family/friends in writing, ahead of time and advise them (with signatures) they could possibly loose everything they invest in this with you.  

I began running loosely the numbers on deals I find on various real estate sites as practice, and it is definitely difficult from what Ive been seeing so far in NJ with the outrageous property taxes and overall home prices.

Then 3 months later all hell breaks loose and capital markets essentially just stop working - something that I doubt will happen again. 

I have not had commercial rental experience.Cash flow, Freedom and not wanting to loose what I had gained were high priorities.My goal was exceed $100,000 per year cash flow.I was being shown high quality NNN properties with 15 year leases backed by top companies like Gander Mountain, Shopko, Many Dollar stores in some small communities with higher enticing cap rates. ( as you know they have all failed) I pictured myself making a $35,000 per month payment with no tenant.

Of course, if one house burns down and kills the family and one survivor sues for $10 million, you could loose all the assets of the LLC.

@Jonathan M PetersLLC is just a way of protecting your self so if something happens on or with the property it is not attached to you as a person so you can’t be sued for your personal assets it goes to the LLC company it can be sued and all assets be confiscated but you will not loose your personal assets that is not tied to your LLC

I am not saying that finding a provider to do the sort of loan that you wanted is easy , but I will be really surprised if you put in efforts and make some 50 calls , and still didnt find another broker .You worked hard and did a great job increasing the equity , now every day , you are not taking advantage of that equity , you are loosing out , your broker need not have that urgency .So in general , if you see the process taking longer than necessary ( with some allowance for unexpected things ) - you got to move fast .

The problem with those old handles is the screws can become loose and the knob pulls off of the shaft.