We have two tenants on properties we just acquired and one of them texted me today that their rent may be late as their jobs could be impacted.

Thank you for such great tips on how to acquire properties. 

It really depends on the type of investment you are looking to acquire.

Ok, a major disappointment, but you’ve acquired some very valuable feedback from the experience: you need to be better at analyzing numbers, managing contractors, or this doesn’t match with your skill set, etc. 

You would acquire the debt. 

Therefore, they may often finance half of the cost of acquiring the loan and pay the rest in cash.

My game plan is to acquire one multi-family asset and one fixer upper by the end of the year.

People are taught that they have to go a certain way to acquire the lifestyle they want, including a house (such as using big banks, which many aspiring homeowners can't do), they don't think they can buy a house, they're stuck renting, instead of really looking at their options.I'm kind of on both sides, which is part of my own cognitive dissonance since I am an aspiring investor, but have had a couple of terrible experiences with landlords. 

The way I would structure what you are doing is acquiring a low money down conventional mortgage for your fist purchase. 

I think your funds could be better utilized on picking up lists of properties that are about to turn, and acquiring some of the apps that are most advantageous to vacant/distressed homes.