Get that money working for you.As for where to invest. 

But do look at the shiny penny and spend big sums of money to learn.

If there is no explanation, ask for one]Why on Earth is YOUR LLC owed money by 200 Walnut Street LLC?  

In terms of finding a partner, I would recommend partnering with someone who has something that you don't have (understands renovations, real estate experience, has money, etc.)

If its four months from now, then explain to him he's going to be evicted, will have a record, and it will go to collections for all court costs and rent money owed, to the penny.

After that, the lender may use a private auctioneer to auction off the property and try to recoup as much money as possible.

By creating a process, you can prevent these issues from taking place and save yourself a lot of time, trouble, and money.

@Richard Schubert If the house next door is a solid enough deal you could always raise the money from people in your network to tie it up.

Pairing that with relationship-building will help you uncover off-market opportunities and find local experts who can guide you.For meetups, here are a few ideas:Indianapolis Real Estate Investors Association (Indy REIA): They have a mix of virtual and in-person events and are a good starting point for networking with other investors in the Indy market.Louisville Real Estate Investors Group (REIG): A similar organization for the Louisville market, with educational and networking opportunities.Check out BiggerPockets Meetups: Many cities have local meetups organized by investors active on BiggerPockets, and they often include virtual options.Facebook Groups: Look for local investing groups like "Indianapolis Real Estate Investors" or "Louisville REI."

You get money at closing and then you refinance when rates go down.Anyone done this before?