They will be sending you a check for the remaining months. 

This individual has offered a $50k down payment and I hold the note for the remaining balance of $55k at 7%.

Remain patient and diligent (not easy). 

My thought is that since I am already wanting to learn the in’s and outs of property management and really involving myself in real life experience, perhaps if I offered to take care of the whole property for him in terms of dealing with the downstairs tenants, scheduling repairs/maintenance, and keeping up the properties landscaping so that the investor can remain more hands off he might be willing to give us a break on the rent so that we can save even just a little bit extra each month.

Your payment history will remain on your credit report and your debt is reduced. 

Does anyone have any suggestions on what we can do or who we can work with to leverage the cash we now tied up?

There is no shortage of work, they get paid well and it is a field always tied to real estate.Good luck Davonta!

@Michael HaynesTrue, just happens my money is tied up in my primary residence.  

So far we have experienced a lot of delays in the supply change but remain patience and claim to work on the next step of the build.

We were both under the impression the eviction moratorium for California would remain aligned with the fed which is July 30th.