It is great in helping you keep a handle on your expenses and see where you need to pay attention.  

Burning one parties car was the way one of the parties involved decided to handle the situation.Best part about the car fire was one of the parties forgot which car was owned by the tenant.

My goals involve building long-term wealth through buying and holding rental properties, however, my largest barrier to entry is obtaining down payment a such a hot market.Since graduating in 2016, I have been working as a digital marketing consultant and paying $850/mo in rent living with 3 others.

@Ernesto Hernandez  If you are not very experienced I would suggest getting a good attorney to handle the title work.

Does anyone in the network know of a reliable and reasonable construction company in the Orange County / LA area that can handle "make ready" repairs? 

A mortgage lien and note are surely only one way to handle private money, especially when taking a loan from family / friends, or when a private money lender wants you to keep the loan out for subsequent flips. 

We recently have reached a new problem that we need help handling. 

The less you borrow the easier it will be to handle a downturn, but that goes hand in hand with a lower mathematical return.

My Question:How would you handle her security deposit?

Posting and publishing companies do the official notices and these are hired out by the trustee or attorneys handling the foreclosure.Cash for keys are typically handled by the real estate agents hired by the asset management companies for the bank.