Its simply a mechanism for allocating property distributions and tax attributes in a manner other than a simple pro rata approach.

Simply call your card company(s) and request an increase. 

You should have started the process to collect as soon as rent was not received on time.Most landlord selling simply walk away from the loss.

@Aimee KnierLike you we can not simply non renew either.

It's called "Subject To" but that simply means taking over somebodies loan.

That's huge, congrats on winning that battle!

Persist and you will WIN https://www.realestateinvestmentsoftwareblog.com/understanding-time-value-of-money/

Have you figured out if you'll be acquiring distressed properties and then fixing them up to rent or simply buying fully renovated homes?

I'd recommend Stamford, simply because of the ease of commuting into the city.  

Originally, I had intended to simply have them transfer the deed to me subject to the existing financing or simply buy the house from them for what is owed on the house using a short term hard money loan, but the more i think about it, the more it might not be a good idea for any deed transfer.