These issues caused missed deadlines, huge profit losses, and, most importantly, damage to their reputation.

Patience, seller had contact issues and banker switched to two separate loans at the last moment.

The occupant runs a garage from the property, and I'm concerned about the potential loss of his possessions and vehicles during the eviction.As I am required to be present on the eviction day, I am seeking advice from anyone who has faced similar circumstances.

It will be the profit/loss as calculated on your 1065 partnership return in your case and as distributed to your two personal returns.This isn't a trust. 

Since I've never dealt with previous tenants, I'm looking for some advice on the best way to move forward...Unit 1:- Studio Apt- I did a walkthrough last week and spoke to the tenant; he mentioned the only issues he's had in the past year and half is that the cold comes through the windows- He and the owner both confirmed that the tenant is month to month and paying $750, but so far the owner has not provided a lease.- The owner did provide proof of payment, and rent is confirmed $750, but always a few days late...Unit 2:- 1 BR- There was a language barrier, she didn't speak english, and I think she was afraid to open the door so I didn't get to tour it.

This is for tenant occupied or turnkey properties that I want to cashflow, not hold for losses, deductions, or depreciation to offset taxes.

They did my last project that was a total gut turned STR.

When the market turns, like it did last year and is right now in certain commercial asset classes, there’s nothing you can do. 

Contractors where I am easily place liens against property for unpaid debts, but that’s not a “plan” it’s a loss.

@Jason R.Just a reminder, looking at your second to last post.