My job is to make repairs and get the place lease optioned so it is producing income to cover the interest payments I need to make to the lender.

What has me worried is that since the eviction process is taking so much longer, many are turning to other options such as cash for keys which dont end up on a tenants record.. they end up moving and doing the same thing with the next house/landlord and we continue a perpetual cycle of non paying tenants.

Hi all,If you move out of a househack and make it into a full rental where in my situation, 2 units are rented out. Is it highly recommended to switch the home insurance to a policy that is meant for rentals right aft...

I work with a couple of different PMs there to keep options open. 

Then last option would be a "unsecured" personal loan where the bank offers up to $50K for example to pay off and consolidate debts.The 2nd and the personal loan will pay off debts and lower DTI and you might have enough left over for down payment or just use VA again.

Is there someone (possibly a more real estate minded CPA) who we can tell our future plans to and they can educate us on all of our options?

@Joyce Kim, have you considered your options under SB9?

For a unique deal like this, you may want to run it through several brokers to see if they have any options for you. 

After looking into their website it sounds like a great option for true passive real estate investing.Here are some key take away from their brochure...- No lockup period- Monthly distributions with no fees- 14 years in the business- Over 2,000 loans originated- Stringent lending process with solid approval guidelines- Promises an 8% hands free return- Combines private cash and IRA investors into a pool for loans- Funds are used by real estate investors to buy and rehab distressed properties which are insured and liens have appropriate title insuranceThey have 300+ inventors, closed 2,000+ loans, $550m+, and 0 loser since 2008 when they opened.

@Abe B.Baseline is a great option.