It contains hundreds of files such as ebooks, checklists and spreadsheets for real estate investors: https://www.biggerpockets.com/filesGood luck.

I will spend around $5000 - $7000 a year for tax planning and filing.

.: Quote from @Greg Scott: Based on my experience with Hard Money Lenders, this post does not make any sense to me.Did you not file the loan documents with the county as a lien on the property?  

Do nothing...the tenant isn't renting that area and has no right to dictate how you use it as long as it poses no security/safety risk to them. 

We had to sell virtually everything we owned so we would not default with our commercial banks and or file BK. 

Sometimes it’s the smartest move to gain liquidity and to secure your position with your remaining properties.

That's not really a full story so it's hard to say, but generally, if you don't feel secure or confident in the person you hired, you shouldn't have hired them.

Visa and FinancingYou're correct that securing a mortgage might be challenging without legal status or a W2 job.

It all stems from an angry neighbor filing a complaint to city and calling the home a boarding house.  

I would encourage you to ask your CPA what’s included in the scope of services.If you have a California LLC, there’s an $800 per year filing fee, at a minimum, so that’s likely why your accountant is saying not to have an LLC.