If you can't pay it off at the end of the month - you don't need to purchase the items with your credit card. 

Once you locate a property you think might be a good acquisition, you need to calculate the cash flow by plugging in actual numbers, like PITI, HOA fees, property management, funds for maintenance and reserves for capex items and vacancies.

Your expense items need to also account for CapEx and property mgmt, even if you will be self managing. 

Now if the tenant wants to sign an early termination form for an agreement to get back so much of the security deposit than that is negotiated.You make sure before such an agreement is signed by both parties that ALL items have been moved out of the unit and that all people on the lease sign the document.

Also, if owner pays any utilities, common area items, lawncare and other related items. 

Gave advice on fixes, offered referrals for contractors, and explained what items were technical fluff vs real issues.

He's got expenses, which isn't broken down by line item.

Tax Collector that it was withdrawn because:- a lien holder on the property bought some sort of legal action to stop the sale and paid taxes while auction was in progress- county did not identify the lien holder during notice period.

Teaching a new note investor how to invest in notes is teaching them how to think about notes not what items are on a checklist.   

Expenses are fairly low on the house as I've kept up well over the years and have replaced many CAPEX items already.