Our only debts are a 2.875% mortgage with a balance of $124k only paying $897/month on an appraised value of $325k, daily driver car of $370/month, and use a credit card for monthly expenses, but pay the balance off with every pay check.

This journey that we're all on can be lonely, especially when it comes to balancing W2 jobs, kiddos and real estate investing. 

What would help the community is for you to share as much info as you are comfortable, but the appraised values, current loan balances, and the current rents would be a good start. 

She is now in arrears 3 months and has agreed to deed the land back to me and take a Promissory Note for the balance 30K. 

But, from this thread above, I'm wondering if not having Balance Sheet a big deal? 

A HELOC could help temporarily if you plan to payoff the balance quickly and are planning to save on monthly payments in the short term.  

We have a partnership entity, so it has to file separately and needs balance sheet accounting.

Detroit has one the highest rent to price ratios in the country…and we focus on the best balance of price/location within the area.Here is a picture of my portfolio if you/anyone is curious.

"I'm willing to cancel the eviction so it doesn't reflect on your record if you vacate on x day and pay x toward your outstanding balance"Most tenants are unaware of the long-term consequences when they have an eviction on their record.

Pay the balance before it's due.