I would advise you to show the contract to your attorney "yesterday" and find out exactly what you signed up for and make a plan to get on track or you will end up losing the money you have already spent. 

I advise them on how to build credit or direct them to Insurent and help them with other options, but respectfully tell them I won't show them the apt if they know from the start they wouldn't qualify for it.In Brooklyn we say: "credit is king!".

And when mixed with the power of compounding, real wealth can be generated from a relatively modest investment.The real return on real estate is not always easy to see, which is perhaps why investors do not pursue it as actively as investments in equities or fixed-income instruments.

I am hoping somebody can give me a little bit advise.

Since you don't have the unit in an LLC, I, as a business adviser, would recommend to a client in the same circumstance to charge themselves the rent, and to TRANSFER THE FUNDS TO THE APPROPRIATE ACCOUNT.

Hi,Was offered an opportunity to invest as a Limited Partner in a syndication and I'm looking for a SEC attorney in NJ who could advise me on the PPM offered.If anyone has used someone in the past and can recommend, it would be greatly appreciated.Sincerely,Manuel 

Seasoned BPers have consistently advised against buying based on speculation that appreciation will occur.

The only thing generating any income is your own cash. 

Inform your tenant that they will be responsible for all repair costs and advise them to contact their insurance agent immediately.

Although you'll get different answers from different people - I'd advise to consider not using an LLC.