This seems not to be a viable option because there would be an increase in my interest rate. 

I'm new to this group and excited to be here.

From this, I realized two things-1.

We don’t have a clause in our contract to account for this, and we have been actively looking for new renters with no luck so far.

This is a great solution to figure out what to do with his stuff while we get everything figured out legally.

@Tyler Cornfieldshort answer - i don't know if you are or not. ask some lenders.but i'll say this about out of state investing at this time. 

This happen to anyone else?

Hey @Clint Kelly, I was going to recommend something like BuilderTrend but from what you've said, QuickBooks Online (QBO_ does exactly what you need.The key here is you need an REI-savvy bookkeeping professional since you stated your current bookkeeper is dropping the ball.What you want is super easy to accomplish for a flipping company using QBO.We have Clients who flip close to 100 properties/year and everything is super organized for each property using QBO.It's the operator, not the software in this case.Hope that helps!

If you're new to this, it's important to get to know the market inside and out. 

This website is amazing for education, networking, and so much more.