I am a CA RE Broker who has done loans for decades in CA. 

It’s a complex situation that requires careful consideration.  

One lesson is careful to be swayed by U tubes and claims .

Rental fraud is prevalent in our industry so be careful.  

@Lucas Schlund the same thing that happened to all the STRs in NY City when their ordinance went into effect, as well as many other cities.Owners must comply and the government doesn't care about your potential losses:(

Would they know/care if the money comes from someone else's account?

I am taking care of the rentals and 2 teen daughters.

These have two very different next steps.If it is a condo, you need to check your condo docs and see where the unit ends and what is common area. if its a leak in a pipe in a wall that is typically common owner and the condo association should take care of it.

I would be VERY careful with the town.

He has cultivated relationships with hedge funds to purchase notes, with property preservation companies to assist in the care of the collateral and servicing companies to service the notes and facilitate the work outs.