There are a lot of scammy youtube gurus that talk about building business credit, but it basically is the same as your personal credit....be organized, don't overleverage, be patient, and pay all your bills on time.In NY to become an LLC, there's a $200 fee and then you have to publish in two newspapers for 6 weeks. 

I am able to keep my bills paid, but am owed more than the investor is able to currently pay. 

I’m not seeing any comparables listed or sold in the area recently in this bad shape. the last lot I posted for sale I undervalued it and then asked for a offer most saying “well it’s posted for 20,000” even though after talking to people, I started to see that they would happily pay more than that.

Keep it in my name and divide the electrical cost by three each month and have them pay me? 

If your goal is to have multiple investments, it’s the best way to acquire multiple doors at once — and helps you pay for your own mortgage!

Do you really care what the current agreement is as long s they’re paying?

In that case you'll need to ask the seller to replace at his cost followed by an inspection that you will pay for.

What insurance is paying for your roof, why? 

For example, if in the rental application you don't put xyz it's illegal and you can get suedif in the rental application you mention xyz it's illegal and you can get suedif you put clause xyz in the lease, it's illegal and you can get suedif you don't put xyz clause in the lease, it's illegal and you can get suedif you sign the lease wrong, the whole lease is void and you don't have a leaseif you don't provide xyz to the tenant, you can get suednot to mention how unfriendly my state is with respect to landlords, if a tenant is not paying rent, good luck evicting them. plenty of properties in my market for dirt cheap because it has deadbeat tenants and nobody wants to deal with them.yes in an ideal world I have 20 lawyers and accountants on speed dial who I can call any time, but lawyers and accountants are expensive and I have done the math, at best if you are really lucky you can barely cover your mortgage, I don't have money for a lawyer.

You are learning an all-too-common lesson: Tenants who stay in one place for many years are typically paying well below market rates, and they start to develop a sense of entitlement.