Not as good as it used to be but still a valid strategy if your circumstances warrant.

Correspondingly, all business income taken from an LLC under similar circumstances is subject to self-employment taxes.

Circumstances do arise that are beyond our control with tenants and we act as quickly as we can to rectify the situation.

If they ask how you can help, explain that each circumstance is different and you will need more info before making a specific plan to help, but that you have helped quite a few people in their situations.Remember, the goal is simply to get inside the door not try to get the deal done or even a selling decision at the door.As to leaving a note, I fully agree with @Troy Gravett.  

Need to change my circumstance asap.

There are special circumstances that these funds can be honored, but this requires a complete 12 month analysis of the LLC’s profit and loss.

I have a client in similar circumstance, lost her job, owe more for the house than Market value.

I'm doing another one now and with some unforeseen plumbing issues, I have an extra $1k in rehab...but I can afford to pay that so it's ok and I'm not stuck.

I want to emphasize that these questions will be centered around buy and hold which is why I am beginning a new topic.I read every where about the tax strategy using the 1031 exchange to defer capital gains tax, under the circumstances does it make sense to purchase & sell long term, 3 year minimum B&H investments, using this strategy.

Given the right circumstances, this will preserve your personal buying power.