It kills me to lose money after so many years of effort but I could at least have a down payment for perhaps two income producing rental homes that might actually appreciate one day (in a totally different state that is!).

@Mike RomanoHave a third party bookkeeper and be transparent with all payments and invoices

However, I'm facing a shortfall: I need an additional $300,000 for the down payment due to a delay in cash-out refinancing on three of my properties.

What if you reinvest the net income from one property into a second property before year end, resulting in a net loss for the year given the high expenditure of an second down payment?

I am hesitant about collecting a partial payment.

Looking to refi based on the value after rehab based on rental income/cashflow (expecting it to be around $200-210k value) Aiming for $150k loan for paying off current mortgage and covering remodel/rehab costs on my propertyIs this doable without a significant down payment?

No evictions, far over 99% on time payment rate, I suspect over 99.9% collected payment rate.

On time payments, late fees, damages, pets, who lived there, dates, amount of rent, and the secret weapon only if they ask (would you rent to them again?)

As such, payments that you make need to be prorated between business deductions and personal deductions.

Under lease agreement, tenant has 3 day grace period before late payment.