• Lastly, when negotiating seller held financing,we can negotiate the ability to substitutecollateral (move the mortgage to anotherproperty) or subordinate the mortgage so thatyou can borrow on the property and the sellernote remains in second position.

Does this guy know what your financial position is? 

Howdy @Isaac B.I agree with @Mike B. and @Andrew SyriosPart of doing the BRRRR strategy is receiving positive cash flow. 

There is about $110 additional expenses monthly.Current rent is at $1435 with $464.00 positive cash  flowARV came back at $200k after appraisal!!!

Don't over complicate things otherwise you won't take action.

I have thought about hard money lenders but most of my contacts lend on properties that are significantly under value so that if they need to take the collateral they are in a good position.

If you want a lot of positive cash flow from your rental properties I would suggest investing out of state.

ARV is (after repair value) you stated the ARV was 75 then said potential market value of 128-150......I'm not positive but what i think you meant was purchase plus repair costs is 75?

Ive been so harassed by this person what legal action  can I take.

I think upfront communication with your property manager on how involved you want to be would be the best course of action.