Or how should I handle this  if I do not get this weeks  rent  thank you all for being so kind

@Sam Shueh I myself prefer an agent to handle everything that they handle.

The ideal solution would be to negotiate a payoff at a reduced amount and have them DELETE the account instead of merely showing as PAID.

Principal, interest, depreciation/amortization are all additional expenses that will reduce the overall taxable income (and your share of that).

My base without bonuses would support a 41% DTI payment on roughly a $500M purchase.Essentially I would use the equity lines to reduce the amount financed on a new 30 year VA loan for the new purchase by paying down the purchase price off the top, which is why opening my VA eligibility seems so important.  

That brings us to the hardest catch for people to handle, the process of obtaining and approving the contractor bids is currently taking 60 to 90-days.Overall, you can't beat free $20k.

I am creating a documentary, in my own blog showing how I handle my newbie journey towards financial freedom...I do not want to spam here with the link to my page, so instead, I will simply mention that, I am documenting how my brain thinks... as the starter, so maybe some folks who are also starting out... and trying to get closer to financial freedom within 3 to 5 years in the world of commercial real estate... possibly can somehow relate... :)I have no idea... if people will relate or not... or should I say I wasn't really sure... myself when i first started this journey to see if anyone would even bother joining my facebook group to see what is happening in the brain of a starter individual, to see the tips, tricks and secrets the starter just like you uses to get closer towards financial freedom. 

This could work as a 50 / 50 where he finds and sells the property at the end and you handle the renovation.Ensure your partnership agreement spells out exactly what each persons responsibilities are, and what happens in the event something goes not as expected.

You do so typically by increasing incomes (rents, ...) and reducing expenses.

The original attorney who prepared the Deed of Trust no longer handles foreclosures, so he referred me to someone.