The project dragged on for over a year, with constant headaches, budget overruns, and stress.

- Who carries the personal guarantee on the debt?

If you collect all the money on January 1st, you earn one month of rent in January, one month in February, etc.

Do your research, set clear goals, and decide on a strategy that works for you.

Another expression for this is "lipstick on a pig."

Sadly, it’s sat on the market too long and I’m looking to get creative with bringing the attention of many buyers looking for a good deal on a property (online auction or something else with tons of attention??)

@Nam Pham - Could you provide more details on how off the leveling is?

This is my first time making a post on Bigger Pockets so bear with me.  

Know what you are spending $$ on the list. 

My friend got a line of credit on on a couple of his properties.