To resolve….1) contractor releases it2) you formally contest it, this shortens the time until it expires if the contractor doesn’t file suit3) file suit/action to have it removed4) do nothing, the lien typically expires in 1 year if the contractor doesn’t file suit

Since those retirement accounts are not as liquid as cash and I would only pull money out of those accounts in a real emergency, how do I account for the money in those accounts when saving for a rainy day fund? 

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If he has an active lease, you have to honor it until its expiration.

Here is a link to a listing for the property which has photos and other details: 457 E Milwaukee St, Detroit, MI 48202 | MLS #2200098822 | Zillow

The current tenants are in the 3rd of a 5 year lease and are current that expires in 2023. 

The current tenants are in the 3rd of a 5 year lease and are current that expires in 2023. 

I am at the point where I am out of liquid assets, and have left my W-2 job to focus on real estate and a side business, so I cant get another traditional mortgage, and a deal like this could really be helpful with my current situation.So my question: What are some good ways to structure an equity partnership with 1 or more outside partners in which they provide all, or almost all of the cash, to fund the deal, and I do all the work?

@Dave E.

Some leaseholds are long-term and may be worth a look if they are likely to expire after you do (ie 80 years remaining on a 99 year lease).