Do they have a track record? 

Keeping good records is the best way defuse any questions in an audit.

Keep good records.

Though I have a promissory note and a recorded second mortgage, the current value of the property is not sufficient to satisfy the first lien holder and my loan, therefore foreclosure will result in locking in my loss.What options, if any do I have to recoup this six figure loss?

We're experiencing the lowest inventory on record in Columbus, with extreme competition for anything that looks like a house.

I studied hard and became an SEC registered rep, capital raising for a select few operators, and working for one of the longest standing teams in capital raising, who raise for those operators with solid track records.

Record a deed and refinance that loan.

But most importantly, lenders will demand a certain level of rent and net income, with a track record typically of three years at that amount.

@Amanda Young I use Stessa for my record keeping.

Furnishing and outfitting a 3/2 SF home is a lot more expensive than a 1 BR studio apartment.