The realtor is still optimistic we will receive bank approval.Is there a chance I can get this house, or is the opportunity gone?  

I have received a scan of the current owners insurance  statement / bill. 

P H Real Estate Holdings Inc. is direct to the authorized Sellers of a large Income producing Multifamily Residential Unit in Brooklyn, NY.

If I buy a property with a partner under a 50/50 LLC, can I setup a separate DBA to receive rent checks that are simply passed through 100% to the LLC (e.g., there's no fee for the property management service)?

There are benefits to going both directions.

Sure, you can set it up to pay those directly, but you will only have the responsibility, not ownership.

Once this outstanding receivable goes beyond a certain point in time (days overdue) it is moved into "bad debts" and eventually, if it remains uncollected, will be written off.This is how we handle delinquencies. 

If you are talking to the next landlord and assuring them the tenant will be getting the deposit from you on xx/xx/xx date, they may be willing to let them move in before actually receiving it.

Running numbers, R&D, having a vision and direction for my businesses, and negotiation.    

So say you are calling a list of leads you have received (I'm going to begin calling next week so I'm open to any advice); but say I called down a list....As I go, depending on responses I receive, what do I do with the leafs?