That seems to be the ongoing conclusion in finding a mentorThere's also several free investor meetups in the area check them out, network, and build relationships  :)

We do allow tenants to partial pay in some circumstances, if they've called in to discuss it before it's due and we've made an arrangement, and they haven't had ongoing payment issues in the past.

I recommend you use your "shock" to recalculate ongoing rents using YOUR figures.

When you sell your income property, you can write-off any unused rental losses that have accumulated while you have owned the property.The Disadvantages of having an LLC.Up Front and Ongoing ExpenseWhen setting up an LLC there are costs involved that are generally charged by an attorney or tax accountant for the preparation of your LLC charter.

I know he has ongoing projects but I will ask him if he will be available to take on work.

I want him out because I smell this will be an ongoing issue with payments but also because he admitted that he works from home and broke the lease term.    

What some landlords do is they give some leasing commission upfront on then some ongoing as the tenant pays each month.A national tenant with a guarantee is different paying the leasing commission all upfront as the chances are very high they will complete the primary term of the lease.   

The non-licensed party cannot act in any capacity more than an introduction and likely should not advertise their efforts as an ongoing service to brokers, buyers, or sellers.

I am really leaning on going back.

Appraising for (only) $275k, a year after you paid $235k, is not particularly helping your BRRRR refinancing procedure.And barely grossing 1% return per month once you move may not be optimum when, as well as all the property's ongoing expenses, you're still close to being 100% leveraged on it.Your moving patterns are up to you, but I strongly recommend that for your next Buy, find a proper bargain to begin with, where also the numbers still work despite perhaps higher than ideal interest."