If the tenant can show proof that they truly belong there and are paying rent, the police wouldn't remove them. 

You can use the same bank account for as many rentals as you want as long as you have an accounting system to identify which funds belong to which tenant. 

you can keep saving and learning in the meantime.cycles / timeframes in RE can be longer than they're made out to be on YouTube. 

This is a 2 family and the tenant on the second floor is having problems using the yard because my first floor tenant thinks the property belong to him.

I want to respond something like this:"I am sympathetic to your needs and this may have been overlooked by past management, but the laundry room is not a place for personal belongings. 

It's an effective temporary measure to buy a small amount of time to figure things out but its like poisoning the well, it will have long lasting effect on your personal credit and dismissing the BK won't change the credit impact.If you are doubting the validity of the lady's claim to the property, file a quiet title action and have her prove it belongs to her.

Every room has a few pieces of furniture/personal belongings.

I think Business & Professions Code gives three days to deposit funds received by a broker belonging to another into the trust account.

There should be long-term solutions/financing for this property.

Storage occupancy rates during past recessions has remained relatively stableFor example, during a recession, when folks downsize from a 3 bed/1 bath to a 2 bed/1 bath, those people, historically, keep their belongings and put them in storage.Also, during inflationary times, self-storage operators can better manage rates because most leases are month-to-month.