My own personal preference right now is to get out of interest rates way by investing in DSTs. 

Lucky I did as the poor person who responded confirmed that her identity was stolen.I have another rental and a prospective tenant and want to see if there is a way I can verify her identity.  

This would allow you to secure funds without placing a lien on the new property.Personal Loan:Investigate personal loans from banks or online lenders.

Whether that's in person, on here, or in FB groups.

Would I be able to deduct depreciation against my personal w2 income without having rental income for the year? 

It's not 100% accurate because one person might have a smartphone and one or two tablets, but it's one more data point that helps me keep tabs on my owners' properties.Hope that helps!

My main concern would be using HELOC on personal residence to make first real estate investment, not as concerned with the Roth/IRA but still don't want to make a big mistake on the first one. 

Personally I look to find something that will exceed my returns in the stock market (10% cash on cash).

The original lease shows 5 people, no ages (husband, wife, and either 3 kids (or 2 kids and possibly the roommate- in which case is fine as long as they don't now mention another person).6. 

However, for personal reasons the tenant is no longer interested in remaining in this rental and wants to be "bought-out" of their "ownership".First and foremost, a verbal agreement just isn't going to cut it and getting a signed legal contract is the first step.