This way you will have security that once you do find that good deal, you can have funding ready very quickly. 

@Clayton BrayIt appears that your wife has her own business -The difference between having your own business and being an employee is as an employee, the employer is taking out federal taxes, state taxes, social security taxes, medicare taxes as they are earned.There was many tax law changes recently that made those having their own business have friendlier tax laws.

I pitch myself as having a much better value than anybody else (lighting, security fence, 24/7 access, flexible office hours, free lock/keys, etc...)

For example, the tenant could claim the Seller allowed them to paint the walls black or that their security deposit was twice what the Seller claimed or that the refrigerator belongs to them.

My main interests are for low cost insulators for non-residential applications, but if I can integrate micro rebar or other enhancements and achieve a code compliant (by PSI compression test) formula, then it's a matter of finding a PE to sign off on a floor, foundation or wall application.

Any security deposits and the last month's rent that the tenants paid to the previous landlord should have transferred to you at closing.From a tenant happiness perspective, it is worthwhile using the approach of showing them the rental comps and then asking what they think is fair for an increase if they are considerably below market. 

I chose to set the closing date a week out so that if the buyer backed out, I would have time to secure a hard money loan and flip the property myself.

I chose to set the closing date a week out so that if the buyer backed out, I would have time to secure a hard money loan and flip the property myself. 

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Do you just mean the capital partner has their loan secured against the property?