If the cabin were cash-flowing, we might use the excess cash to continue paying the loans over time and bet on the equity growth to continue to be a positive for us.

Great that you joined the site! 

Brokers (versed in these development deals to help you negotiate the right contract terms), Lenders willing to fund a construction and permanent loan, architects & engineers vs in land development to help site plan the project, contractors to price the project to help dial in your UW. 

In my state that would be an expensive change as I would be paying state transfer tax on the move along with other costs plus I would need to consider whether I wanted to buy title insurance on the property for the new LLC.

He has also mentioned that his job has been paying him late here and there.

I pay around 2400 as rent and I've calculated my monthly expenses will be around 3700 if I buy a condo. 

Should I pay her more $ for longer stays like this or just pay her the same fee? 

The first buyer i made contact with had good things to say about this site so I'm taking that advice to heart. 

IfIf you do not know what you're doing with accounting, which most people don't, I would recommend that you simply bite the bullet and pay someone to handle it.

You can look at a deposit insurance that the tenants pay to offset repairs and fights over their deposits.